Waec Commerce 2009 Past Questions and Answers

Question 16:

• WAEC 2009

Establishing and maintaining mutual understanding between an organization and its customers is known as

A. Marketing concept
B. Advertising
C. Public relations
D. Sales promotion

Question 17:

• WAEC 2009

Which of the following requires a certificate of trading to start business

A. Public corporation
B. Public limited company
C. Cooperative society
D. Private limited company

Question 18:

• WAEC 2009

A document through which the public is invited to subscribe to the shares of a company is a

A. Memorandum of Association
B. Article of Association
C. Prospectus
D. Debenture

Question 19:

• WAEC 2009

The tax paid on goods produced within a country is known as

A. Import duty
B. Excise duty
C. Ad valorem duty
D. Customs draw back

Question 20:

• WAEC 2009

The letters R/D on a cheque shows that the cheque is

A. Paid
B. Dishonoured
C. Certified
D. Accepted