Waec Commerce 2011 Past Questions and Answers

Question 51:

• WAEC 2011

(a) State any four advantages of a public limited company.
(b) Explain the following:
(I) Ordinary shares (ii) Cumulative preference shares (iii) Debenture.

Question 52:

• WAEC 2011

(a) List four means of payment in business.
(b) Explain the following: (i) Quotation (ii) Hire purchase (iii) Deferred payment (iv) Quantity discount.

Question 53:

• WAEC 2011

(a) State two advantages of courier services.
(b) List and explain six communication services rendered by the post office.

Question 54:

• WAEC 2011

Explain the following:
(a) Insurance underwriter
(b) Promoters
(c) Auctioneer
(d) Factor
(e) Broker.

Question 55:

• WAEC 2011

(a) Outline six functions of advertising
(b) Explain seven factors to be considered in choosing an advertising medium