Waec Commerce 2017 Past Questions and Answers

Question 26:

• WAEC 2017

which of the following documents is used in home trade only

A. Bill of lading
B. Airway bill
C. Certificate of origin
D. Proforma invoice

Question 27:

• WAEC 2017

the central bank carries out its monetary policy through?

A. Discounting bills
B. Credit ceilling
C. Replacement of worn out notes
D. Bank rates

Question 28:

• WAEC 2017

the expert reponsible for the calculation of prabability of risk in insurance is?

A. An actuary
B. An underwriter
C. A broker
D. A solicitor

Question 29:

• WAEC 2017

A disadvantage of rail transport is that?

A. It carries bulky goods only
B. The cost of carriage is high
C. It is not flexible
D. It travels on schedule

Question 30:

• WAEC 2017

the advertising medium that makes only audio impression is

A. Cinema
B. Radio
C. Television
D. Hoardings