Waec Commerce 2007 Past Questions and Answers

Question 31:

• WAEC 2007

A document used to advertise shares for sale is

A. Prospectus
B. Annual report
C. Articles of association
D. Memorandum of association

Question 32:

• WAEC 2007

Which of the following refers to a voluntary association that represents a cross-section of business interests in an area?

A. Manufacturers Association
B. Chamber of Commerce
C. Consumers Association
D. Employers Association

Question 33:

• WAEC 2007

Which of the following is used to show that goods imported were produced in an ECOWAS member country

A. Insurance policy
B. Bill of lading
C. Certificate of origin
D. Bill of exchange

Question 34:

• WAEC 2007

Importing goods into a country re-exporting is know as

A. Home trade
B. Retail trade
C. Entrepot trade
D. Counter trade

Question 35:

• WAEC 2007

Which of the following is a function of the small retailer?

A. Financing manufactures
B. Warehouse of goods
C. Branding of goods
D. Selling to consumers