Waec Commerce 2009 Past Questions and Answers

Question 21:

• WAEC 2009

The mode of conveying liquids and gases through an underground channel is

A. Pipeline
B. Rail transport
C. Road transport
D. Sea transport

Question 22:

• WAEC 2009

Which of the following is a source of capital to a sole proprietorship?

A. Loans from friends
B. Admission of new member
C. Issue of shares
D. Issue of debentures

Question 23:

• WAEC 2009

A ship that travels without schedule is called a

A. Passenger liner
B. Tramp
C. Cargo liner
D. Tanker

Question 24:

• WAEC 2009

For overstaying in a port, a ship is charged a fine called

A. Dock due
B. Commission
C. Interest
D. Demurrage

Question 25:

• WAEC 2009

Stocks, shares and debentures traded in the stock exchange are called

A. Bears
B. Bulls
C. Securities
D. Collaterals