Waec Commerce 2012 Past Questions and Answers

Question 21:

• WAEC 2012

Current account holders withdraw money by means of

A. Credit card
B. Draft
C. Withdrawal form
D. Cheque

Question 22:

• WAEC 2012

Which of the following is a feature of mail order business?

A. Employs many shop assistants
B. Practices self service
C. Provides attractive shop front
D. Rents large warehouse

Question 23:

• WAEC 2012

Bonded warehouse is a place where

A. Duty free goods are kept
B. Perishable goods are kept
C. Home-made goods are kept
D. Dutiable goods are kept

Question 24:

• WAEC 2012

Which of the following is concerned with promoting favorable image of an organization?

A. Consumer soveriegnty
B. Public relations
C. Marketing research
D. Marketing segmentation

Question 25:

• WAEC 2012

The document issued by the registrar of companies to permit a public limited company to commence business is

A. Memorandum of Association
B. Certificate of Incorporation
C. Article of Association
D. Trading certificate