Waec Commerce 2011 Past Questions and Answers

Question 36:

• WAEC 2011

Which of the following is not a function of Ports Authority?

A. Providing facilities for loading and off-loading of vessels
B. Collection of dock dues
C. Providing enough ships for the country
D. Dredging of harbours

Question 37:

• WAEC 2011

Using symbols, letters, name or combination of these by a company to distinguish its products is

A. Product cycle
B. Marketing mix
C. Trade mark
D. Market segmentation

Question 38:

• WAEC 2011

Trade as a division of commerce is usually classified into

A. Retail and whole sale
B. Import and export
C. Home and foreign
D. Visible and invisible

Question 39:

• WAEC 2011

Liquid capital in a business means the

A. Movable assets of the business
B. Authorised capital
C. Issued capital
D. Assets easily convertible to cash

Question 40:

• WAEC 2011

The relationship which subsists between between two or more persons carrying on a business with a view to profit" is

A. Cooperative society
B. Partnership
C. Public limited company
D. Credit union