Waec Commerce Past Questions and Answers

Question 516:

• WAEC 1994

ln which of the following environments does a firm that uses out-dated equipment operate?

A. Economic
B. Technological
C. Social
D. Political
E. Legal

Question 517:

• WAEC 1994

Which of the following is sent when credit is not allowed?

A. Debit note
B. Proforma invoice
C. Credit note
D. Statement
E. Advice note

Question 518:

• WAEC 1994

Which of the following does not determine the form ofa business unit?

A. Available capital
B. Risk bearing
C. Nearness to market
D. Ownership
E. Nature of business

Question 519:

• WAEC 1994

Agents who link buyers with sellers receive?

A. Factorage
B. Brokerage
C. Bonus
D. Interest
E. Premium

Question 520:

• WAEC 1994

Which of the following is not a feature of supermarkets?

A. Standard shop fronts
B. Self service
C. Use of trolleys
D. Small number of sales assistants
E. Stocking mainly food items