Commerce 2020 Waec Past Questions and Answers

Question 1 :

• WAEC 2020

Commerce is defined as

A. Buying and selling of goods and services only
B. All activities in the distribution and exchange of goods and services
C. All activities involved in the production of goods and services
D. Transporting and warehousing of goods only

Question 2 :

• WAEC 2020

Commerce is defined as

A. Buying and selling of goods and services only
B. All activities in the distribution and exchange of goods and services
C. All activities involved in the production of goods and services
D. Transporting and warehousing of goods only

Question 3 :

• WAEC 2020

The types of occupation that a broker belongs to is?

A. Commercial
B. Construction
C. Extraction
D. Manufacturing

Question 4 :

• WAEC 2020

A form of money which was not used in the early days to trade is?

A. Tobacco
B. Metal bars
C. Cowries
D. Coins

Question 5 :

• WAEC 2020

Which of the following activities is not an example of the extractive industry?

A. Weaving
B. Quarrying
C. Hunting
D. Fishing