Waec Commerce 2010 Past Questions and Answers

Question 56:

• WAEC 2010

(a) State five features common to both public and private limited companies.
(b) State five provisions of a memorandum of association.

Question 57:

• WAEC 2010

(a) Explain five measures a country could take to solve its balance of payment problems.
(b) State five disadvantages of international trade.

Question 58:

• WAEC 2010

(a) What is a contract?
(b) List five elements of a contract
(c) Explain six conditions that could lead to the termination of a contract.

Question 59:

• WAEC 2010

(a) Define communication.
(b) List and explain six functions of the post office.

Question 60:

• WAEC 2010

(a) What is marketing?
(b) Explain five importance of marketing in an economy.