Waec Commerce 2000 Past Questions and Answers

Question 1:

• WAEC 2000

Which of the following can be defined as trade and aids to trade?

A. Advertising
B. Commerce
C. Wholesaling
D. Retailing

Question 2:

• WAEC 2000

Which of the following can be defined as trade and aids to trade?

A. Advertising
B. Commerce
C. Wholesaling
D. Retailing

Question 3:

• WAEC 2000

Which of the following is not a source of finance to a sole proprietor?

A. Trade Credit
B. Overdrafts
C. Debentures
D. Leasing of equipment

Question 4:

• WAEC 2000

The coming together of two or more firms at different stages of production is?

A. Horizontal merger
B. Vertical merger
C. Amalgamation
D. Cartel

Question 5:

• WAEC 2000

The total value of fixed and current assets is?

A. Working capital
B. Capital employed
C. Fixed capital
D. Capital owned