Waec Commerce 2013 Past Questions and Answers

Question 51:

• WAEC 2013

(a) State five features of a public corporation
(b) list and explain five sources of capital available to a limited liability company

Question 52:

• WAEC 2013

(a) What is mail order business?
(b) list and explain six trends in retailing

Question 53:

• WAEC 2013

Write explanatory notes on the following Stock Exchange terms
(a) Bull (b) Bear (c) Option (d) Backwardation (e) Contango

Question 54:

• WAEC 2013

Explain the following insurance terms;
(a) proximate cause
(b) surrender value
(c) contribution
(d) utmost good faith
(e) premium

Question 55:

• WAEC 2013

(a) state five importance of personal selling to a business
(b) Explain five reasons why communication is important to a business