Waec Commerce 2006 Past Questions and Answers

Question 31:

• WAEC 2006

In a limited partnership, one of the members must be

A. A general partner
B. A nominal partner
C. An active partner
D. A dormant partner

Question 32:

• WAEC 2006

It is safer and quicker to transport petrol and gas by

A. Rail
B. Road
C. Pipeline
D. Air

Question 33:

• WAEC 2006

The process of taking over the management and control of a privately owned business by government is

A. Indigenization
B. Nationalization
C. Participation
D. Privatization

Question 34:

• WAEC 2006

Who among the following is a middlemen?

A. Manufacturer
B. Agent
C. Insurer
D. Consumer

Question 35:

• WAEC 2006

The monopoly right granted to an inventor is a

A. Trademark
B. Brand name
C. Patent
D. Copyright