Commerce 2018 Waec Past Questions and Answers

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

Question 27 :

• WAEC 2018

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

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

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

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

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