Waec Commerce Past Questions and Answers

Question 691:

• WAEC 1996

Which of the following does not aim at protecting the customer?

A. Sales of Goods Act
B. Fair Trading Act
C. Price Control Act
D. Partnership Act
E. Foods and Drugs Act

Question 692:

• WAEC 1996

Which of the following activities makes the consumer its focus in decision making?

A. Selling concept
B. Marketing concept
C. Product concept
D. Production concept
E. Market research

Question 693:

• WAEC 1996

Which of the following is a direct service?

A. Banking
B. Teaching
C. Advertising
D. Fishing
E. Warehousing

Question 694:

• WAEC 1996

Which of the following is a disadvantage of foreign trade?

A. Encourages dumping
B. Makes available the products that a country cannot produce
C. Widens the world market
D. Encourages specialization
E. Makes possible the transfer of technology

Question 695:

• WAEC 1996

An agreement that is enforceable in law is called?

A. A contract
B. An offer
C. An acceptance
D. A consideration
E. An injuction