Waec Commerce 2016 Past Questions and Answers

Question 26:

• WAEC 2016

the water corporation is an example of a?

A. Cooperative
B. Public enterprise
C. Private enterprise
D. Limited company

Question 27:

• WAEC 2016

A partnership is dissolved due to?

A. Liquidity of the firm
B. Death of the employee
C. Insanity of partner
D. Resignation of an employee

Question 28:

• WAEC 2016

A document that contains the relationship between the company and outsiders is?

A. Certificate of incorporation
B. Memorandum of association
C. Article of association
D. Certificate of trading

Question 29:

• WAEC 2016

An organisation formed mainly by traders and manufacturers to cater for interest for interest of members is?

A. Trade union
B. Co-operative society
C. Trade association
D. Chamber of commerce

Question 30:

• WAEC 2016

An insurance broker is involved in?

A. Industrial occupation
B. Distributive occupation
C. Commercial occupation
D. Constructive occupation