Waec Commerce 2000 Past Questions and Answers

Question 56:

• WAEC 2000

Which of the following classes of occupation would you place a doctor?

A. Extractive
B. Commerce
C. Direct services
D. Indirect services

Question 57:

• WAEC 2000

Which of the following classes of occupation would you place a doctor?

A. Extractive
B. Commerce
C. Direct services
D. Indirect services

Question 58:

• WAEC 2000

(a) List and describe four insurance policies available to a ship owner.
(b) Distinguish between indemnity and non-indemnity insurance and give two examples of each

Question 59:

• WAEC 2000

(a) State the difference between industry and commerce.
(b) Mention and explain five types of commercial occupations and three types of industrial occupations.

Question 60:

• WAEC 2000

(a) Explain five reasons why tariffs are imposed on imports.
(b) State five functions performed by the customs authority.