Waec Commerce 2004 Past Questions and Answers

Question 56:

• WAEC 2004

List and explain five problems associated with international trade.

Question 57:

• WAEC 2004

Explain the following
(a) Prospectus
(b) Share certificate
(c) Underwriting of shares
(d) Ordinary shares
(e)Dividend warrants.

Question 58:

• WAEC 2004

State five effects of hire purchase on each of the following
(a) buyer; (b) seller

Question 59:

• WAEC 2004

(a) What is the difference between Privatization and Nationalization?
(b) Explain four reasons why a country may choose to privatize state-owned enterprises.

Question 60:

• WAEC 2004

(a) Adama and Awa have teamed up to form a partnership business. Explain five benefits they are likely to derive
(b) State five provisions in the Partnership Deed.