Waec Commerce 2014 Past Questions and Answers

Question 36:

• WAEC 2014

A cheque bearing a date showing that it was issued more than six months ago is termed a

A. Blank cheque
B. Bearer cheque
C. Stale cheque
D. Order cheque

Question 37:

• WAEC 2014

A system of buying products from a machine is known as

A. Impulse buying
B. Branding
C. Automatic vending
D. Loss leader

Question 38:

• WAEC 2014

Carpentry is an activity classified under

A. Extractive occupation
B. Tertiary occupation
C. Commercial occupation
D. Constructive occupation

Question 39:

• WAEC 2014

A system of buying goods by an agent where the supplier is determined by the principal is

A. Tied shop
B. Closed shop indent
C. Open indent
D. Ring trading

Question 40:

• WAEC 2014

One of the functions of a central bank is to

A. Perform supervisory role among all the banks in the country
B. Provide the means of payment to individuals
C. Ensure the smooth transfer of shares
D. Accept private deposits