Waec Commerce 2010 Past Questions and Answers

Question 21:

• WAEC 2010

When the buyer of an existing share is to receive the pending dividend, the price is

A. Cum div
B. Ex-div
C. At par
D. At a discount

Question 22:

• WAEC 2010

What is the name of a service where a bank makes regular payment on behalf of its customers

A. Direct debit
B. Credit transfer
C. Standing order
D. Bank draft

Question 23:

• WAEC 2010

The enterprise whose main objective is to provide the public with essential services is known as

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

Question 24:

• WAEC 2010

Which of the following is a more suitable medium for advertising a new tractor?

A. Radio
B. Poster
C. Neon sign
D. Trade fair

Question 25:

• WAEC 2010

Which of the following is an advertising function?

A. Packaging
B. Persuading
C. Grading
D. Segmenting