Waec Commerce Past Questions and Answers

Question 576:

• WAEC 1994

(a) Distinguish between commercial banks and merchant banks.
(b) Explain each of the following:
(i) Order cheque
(ii) Bearer cheque
(iii) Certified cheque
(iv) Non-Negotiable cheque.

Question 577:

• WAEC 1994

Explain five ways by which NITEL has contributed to the success of business in Nigeria.

Question 578:

• WAEC 1994

(a) What is personal selling?
(b) Explain four reasons why firms engage in personal selling.

Question 579:

• WAEC 1994

(a) Describe four obligations of the employer to the employee.
(b) State four duties of the employee to the employer.

Question 580:

• WAEC 1995

When a company sells shares to existing shareholders at preferential rate, that is called?

A. Rights issue
B. Bonus issue
C. Private placing
D. Sale by auction
E. Lssue by prospectus