Waec Commerce 2016 Past Questions and Answers

Question 31:

• WAEC 2016

An agreement that is enforceable in law is?

A. A contract
B. An offer
C. An acceptance
D. A consideration

Question 32:

• WAEC 2016

the size of an enterprise is determined by?

A. Number of customers of the enterprise
B. Length of the time the firm has been in operation
C. Amount of capital invested
D. Type of work done

Question 33:

• WAEC 2016

which of the following functions is not performed by trade association?

A. Research and development
B. Standardization of product
C. Credit facilities
D. Technical information

Question 34:

• WAEC 2016

The fees charged on postal oder by the post office is?

A. Interest
B. Brokerage
C. Poundage
D. Premium

Question 35:

• WAEC 2016

the document issued by a warehouse keeper for goods taken into the store is?

A. Mate receipt
B. Bill of sight
C. Ship manifest
D. Dock warrant