Waec Commerce 2018 Past Questions and Answers

Question 6:

• WAEC 2018

one disadvantage of a sole proprietorship is?

A. Quick decision making
B. Unlimited liability
C. Pride of ownership
D. Unlimited source of capital

Question 7:

• WAEC 2018

which of the following is a source of short term finance

A. Hire purchase
B. Overdraft
C. Lease
D. Debenture

Question 8:

• WAEC 2018

The portion of share capital which the company has asked shareholder to pay is?

A. Called-up capital
B. Authorized capital
C. Paid-up capital
D. Unpaid capital

Question 9:

• WAEC 2018

multilateral trade is carried out

A. Between two countries only
B. Within many countries
C. Among many countries
D. Between neighbouring countries only

Question 10:

• WAEC 2018

An association of businesses engaged in both trade and industry is a?

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