Waec Commerce 2003 Past Questions and Answers

Question 1:

• WAEC 2003

The scope of commerce is limited to?

A. Home and foreign trade
B. Wholesale and retail trade
C. Trade and aids to trade
D. Wholesale and entrepot

Question 2:

• WAEC 2003

The scope of commerce is limited to?

A. Home and foreign trade
B. Wholesale and retail trade
C. Trade and aids to trade
D. Wholesale and entrepot

Question 3:

• WAEC 2003

A worker who processed garri is engaged in?

A. Extracting
B. Manufacturing
C. Exchange
D. Constructing

Question 4:

• WAEC 2003

Which of the following is not a commercial occupation?

A. Transportation
B. Warehousing
C. Banking
D. Fishing

Question 5:

• WAEC 2003

Industry is a branch of production because it?

A. Is a division of commerce
B. Increases utiility of goods
C. Involves the use of machines
D. Deals with its durable goods