Commerce 2008 Waec Past Questions and Answers

Question 46 :

• WAEC 2008

People who sell shares in anticipation of a fall in their value are called

A. Bears
B. Bulls
C. Brokers
D. Jobbers

Question 47 :

• WAEC 2008

Which of the following is not a favorable condition under which personal selling can be practiced?

A. When advertising entails relatively high costs
B. When the market is concentrated
C. When the market is dispersed
D. When personal touch is needed

Question 48 :

• WAEC 2008

A shareholder who holds 100,000 shares of 50 butts each is given a dividend of 10 percent less 2 percent tax. What is his net return?

A. D10,000.00
B. 9,800.00
C. D5,000.00
D. D4,900.00

Question 49 :

• WAEC 2008

Compare a partnership and a public limited company as business unit under the following headings;
(a) formation
(b) ownership
(c) raising of capital
(d) liability
(e) transfer of shares

Question 50 :

• WAEC 2008

Write short notes on the following types of retail outlets:
(a) supermarket
(b) mobile shops
(c) department stores
(d) chain stores
(e) hawking.