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Commerce 2006 Waec Past Questions and Answers

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Commerce 2006 Waec Past Questions


Question 1 :



A transporter who offers to carry goods for anyone at a fee is called

A. A national carrier
B. A common carrier
C. A private carrier
D. An independent carrier


Question 2 :



A transporter who offers to carry goods for anyone at a fee is called

A. A national carrier
B. A common carrier
C. A private carrier
D. An independent carrier


Question 3 :



A dormant partner is one who

A. Does not work hard
B. Lent his name to the business
C. Has limited liability
D. Does not partake in running the business


Question 4 :



The right that a debenture holder has on the earnings of a company is

A. Lien
B. Dividend
C. Interest
D. Rent


Question 5 :



Which of the following does not determine the size of a business unit

A. The quality of its products
B. The nature of the business
C. The size of the market
D. The size of capital






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