Waec 2018 Commerce Past Questions with Answers

Waec 2018 Commerce Past Questions

Question 26:

WAEC 2018

An individual employed to act on behalf of another within a specified guideline is?

A. A jobber
B. An agent
C. A broker
D. A distributor

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Question 27:

WAEC 2018

which of the following is not a component of the marketing mix

A. Price
B. Place
C. Population
D. Product

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Question 28:

WAEC 2018

A method of buying in anticipation of price fluctuation in the commodity market is?

A. Speculation
B. Arbitrage
C. Contango
D. Hedging

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Question 29:

WAEC 2018

A shipping document detailing the charges for carrying a particular cargo for a specified voyage is?

A. Dock warrant
B. Freight note
C. Bill of lading
D. Mate's receipt

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Question 30:

WAEC 2018

commercial agents who are authorized to keep goods untill they are sold are?

A. Factors
B. Distributors
C. Brokers
D. Auctioneers

View Answer & Explanation

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Waec Commerce 2018 Past Questions and Answers

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