Commerce 2009 Waec Past Questions and Answers

Question 51 :

• WAEC 2009

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

Question 52 :

• WAEC 2009

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

Question 53 :

• WAEC 2009

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

Question 54 :

• WAEC 2009

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

Question 55 :

• WAEC 2009

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