Waec Commerce 2008 Past Questions and Answers

Question 16:

• WAEC 2008

Which of the following statements cannot be found in a partnership deed?

A. Names of partners
B. Nature of business
C. Payment of tax
D. Interest on capital

Question 17:

• WAEC 2008

Product differentiation is achieved by

A. Packaging and branding
B. Packaging and grading
C. Market segmentation
D. Outdoor advertising

Question 18:

• WAEC 2008

Which of the following services is not offered to retailers by wholesalers?

A. Keeping them informed of the demands of consumers
B. Keeping them informed of new products
C. Offering a wide range of products
D. Granting credit

Question 19:

• WAEC 2008

The buying and selling of goods and services within a country is called

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

Question 20:

• WAEC 2008

The relationship between partners is stipulated in the

A. Memorandum of Association
B. Article of Association
C. Partnership Deed
D. Certificate of Incorporation