Waec Commerce 1998 Past Questions and Answers

Question 86:

• WAEC 1998

The production process is completed when what is produced

A. Is in the manufacturer's warehouse
B. Has reached the manufacturer's agent
C. Is in the wholesaler's warehouse
D. Has reached the retailers
E. Has reached the final users

Question 87:

• WAEC 1998

Which of the following has no legal capacity to a contract

A. Public Limited Company
B. Public Corporation
C. Co-operative Society
D. A Minor
E. A Limited Partnership

Question 88:

• WAEC 1998

Which of the following is a disadvantage of road transport?

A. Takes an available route
B. Fast overshort distances
C. Increased handling of goods
D. Offers door-to-door services
E. Relatively cheap

Question 89:

• WAEC 1998

A speculator who applies for new stocks and shares with the intention of selling them them at higher price is a

A. Bull
B. Stag
C. Bear
D. Jobber
E. Broker

Question 90:

• WAEC 1998

The Third Party Motor Vehicle Insurance Policy covers damages

A. To both passengers and vehicle
B. Caused by the vehicle insured
C. To all parties concerned
D. To all vehicles involved
E. To the insured vehicle only