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Commerce 2013 Waec Past Questions and Answers

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Commerce 2013 Waec Past Questions


Question 51 :



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




Question 52 :



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




Question 53 :



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




Question 54 :



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



Question 55 :



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







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