Waec Commerce 2021 Past Questions and Answers

Question 1:

• WAEC 2021

Bonded warehouses are supervised by

A. Clearing and forwarding agents
B. Customs and excise authorities
C. Immigration officers
D. Posts Authorities

Question 2:

• WAEC 2021

An advertising campaign by a chicken seller designed to sell his products at the expense of a beef seller is ____________

A. Competitive
B. Direct
C. Informative
D. Persuasive

Question 3:

• WAEC 2021

Which of the following business risks would an insurance firm not cover for an entrepreneur?

A. Theft
B. Fire
C. Loss of goods in transit
D. Change in consumers' taste

Question 4:

• WAEC 2021

Which of the following business risks would an insurance firm not cover for an entrepreneur?

A. Theft
B. Fire
C. Loss of goods in transit
D. Change in consumers' taste

Question 5:

• WAEC 2021

The main idea of the marketing concept is that all the firm's plans and operations should be

A. Product oriented
B. Price oriented
C. Consumer oriented
D. Company oriented.