Waec Commerce 2021 Past Questions and Answers

Question 51:

• WAEC 2021

Which of the following instruments of payment could be used in international trade?

A. Promissory note
B. B. Postal order
C. I. O.U
D. Bill of exchange

Question 52:

• WAEC 2021

Differentiate between a merger and an acquisition.
Explain five ways commerce is important in the life of a nation

Question 53:

• WAEC 2021

Differentiate between the following pairs of terms: (i) Interest and profit: (ii) Share and denture (iii) Ordinary share and preference share (iv)Cumulative preference share and participating preference share (v) Cum div and ex div

Question 54:

• WAEC 2021

(a) State four functions of Money:
(b)Explain how the following operators function on a stock exchange

Question 55:

• WAEC 2021

(a) List five Means of payment in Home Trade
(b) Explain ways computers could be useful to a Motor vehicle seller