Waec Commerce 2013 Past Questions and Answers

Question 36:

• WAEC 2013

Which of the following is not a function of warehousing

A. Creating security of goods
B. Stabilization of price
C. Production ahead of demand
D. Storage of goods

Question 37:

• WAEC 2013

Ad valorem duties are based on the

A. Importance of the goods imported
B. Value of the goods imported
C. Weight of the goods imported
D. Nature of the goods imported

Question 38:

• WAEC 2013

A tariff refers to

A. Fees imposed on contraband goods
B. Fees paid on exports
C. Taxes imposed on imported goods
D. Taxes paid on home-made goods

Question 39:

• WAEC 2013

The selling of goods in small units is normally performed by

A. Chambers of commerce
B. Wholesalers
C. Distributors
D. Retailers

Question 40:

• WAEC 2013

Direct sales to consumers by manufacturers is a means of eliminating

A. Wholesalers only
B. Retailers only
C. Middlemen
D. Agents