Waec Commerce 2002 Past Questions and Answers

Question 31:

• WAEC 2002

Which of the following is not function of money? it?

A. Is a medium of exchange
B. Serves as a store of value
C. Is easily recognizable
D. Make deferred payments possible

Question 32:

• WAEC 2002

Who among among the following is not function of a stock exchange market?

A. Bull
B. Broker
C. Jobber
D. Promoter

Question 33:

• WAEC 2002

The term legal tender refers to?

A. Coins and cheques
B. Coins and bank notes
C. Cheques and bank notes
D. Postal and money orders

Question 34:

• WAEC 2002

Which of the following does not influence the choice of means of transport?

A. Discount
B. Value of goods
C. Urgency
D. Brand of vehicle

Question 35:

• WAEC 2002

A certificate of incorporation is best favour by?

A. Ordinary post
B. Recorded delivery
C. Express mail
D. Parcel post