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Commerce 2013 Waec Past Questions and Answers

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Commerce 2013 Waec Past Questions


Question 11 :



The last link in the production process is the

A. Transporter
B. Wholesaler
C. Consumer
D. Retailer


Question 12 :



The Board of Directors of Public corporation is appointed by the

A. Government
B. Shareholders
C. Management
D. Employees


Question 13 :



The object clause of a limited liability company is stated in the

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


Question 14 :



A market which deals in the purchase and sale of second hand securities is the

A. Stock Exchange
B. Building Society
C. Shippers Council
D. Co-operative


Question 15 :



To endorse a cheque means to

A. Write and sign one's name at the back of the cheque
B. Write "pay cash" on the cheque
C. Cross the cheque
D. Stop the payment of the cheque






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