Waec Commerce Past Questions and Answers

Question 726:

• WAEC 1996

(a) State five reasons why road transport would be preferred to rail transport
(b) Give five functions of the Nigerian Airport Authority.

Question 727:

• WAEC 1996

Write short notes on each of the following
(a) Marine insurance,
(b) Accident insurance
(c) Group insurance
(d) Export Credit Guarantee insurance
(e) Fire insurance

Question 728:

• WAEC 1996

(a) Give any five features which are common to both cooperative societies and private limited companies
(b) Explain any five differences between cooperative societies and private limited companies.

Question 729:

• WAEC 1996

State five aids to trade and explain how each facilitates trade.

Question 730:

• WAEC 1996

Explain the social responsibilities of a business to the following:
(a) the community
(b) the employee
(c) the shareholders
(d) the government
(e) the consumers.