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Waec Commerce 2009 Past Questions and Answers

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Waec 2009 Commerce Past Questions

Question 51:


(a) Differentiate between industry and commerce.
(b) List and explain four activities of those engaged in commercial occupations



Question 52:


Explain five benefits that would be derived and five losses that would be suffered when a sole trader admits other partners.




Question 53:


(a) What is personal selling?
(b) List and explain six media available to an advertiser of goods and services



Question 54:


Explain the following terms:
(a) fixed assets
(b) certificate of trading
(c) dividend
(d) authorized capital
(e) promoters




Question 55:


Describe each of the following documents and state one use of each:
(a) consular invoice
(b) bill of lading
(c) certificate of origin
(d) bill of sight








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