Waec Commerce 2009 Past Questions and Answers

Question 31:

• WAEC 2009

Exchange is facilitated by

A. Taxation
B. Quotas
C. Specialization
D. Good supervision

Question 32:

• WAEC 2009

Which of the following is not a means of transportation by water

A. Canoes
B. Launches
C. Tramps
D. Carts

Question 33:

• WAEC 2009

The nominal value of kC Ltd's share is 50k and the market value is 70k. This means that the company's shares are selling

A. At par
B. Ex dividend
C. Cum dividend
D. At premium

Question 34:

• WAEC 2009

Those who are engaged in exploiting natural resources are in

A. Commercial occupation
B. Constructive occupation
C. Manufacturing occupation
D. Extractive occupation

Question 35:

• WAEC 2009

A sale agreement whereby the buyer takes possession but not title to the goods is

A. Credit purchase
B. Hire purchase
C. Auction sales
D. Direct sales