Waec Commerce 2014 Past Questions and Answers

Question 21:

• WAEC 2014

A principal member of the stock exchange who buys and sells securities on his own is a

A. Jobber
B. Promoter
C. Broker
D. Speculator

Question 22:

• WAEC 2014

Consumer protection council places an obligation on producers to ensure that their products

A. Are wholesome and safe
B. Are cheap
C. Do not evade customs examination
D. Are branded

Question 23:

• WAEC 2014

The target of all marketing activities is the

A. Consumer
B. Middleman
C. Producer
D. Distributor

Question 24:

• WAEC 2014

Small-scale retailers continue to exist in spite of the dominance of large firms because they

A. Render personal service
B. Employ few salesmen
C. Can raise large capital from relatives
D. Deal in specific goods

Question 25:

• WAEC 2014

Buildings and machinery purchased for use in business are examples of

A. Current assets
B. Fixed assets
C. Capital employed
D. Paid up capital