Waec Commerce 2013 Past Questions and Answers

Question 11:

• WAEC 2013

The last link in the production process is the

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

Question 12:

• WAEC 2013

The Board of Directors of Public corporation is appointed by the

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

Question 13:

• WAEC 2013

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:

• WAEC 2013

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:

• WAEC 2013

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