Waec Commerce Past Questions and Answers

Question 1626:

• WAEC 2009

The internal regulations of a limited company are stated in the

A. Memorandum of Association
B. Certificate of Incorporation
C. Articles of Association
D. Share certificate

Question 1627:

• WAEC 2009

Which of the following features is common to all retailers

A. Opearting as sole-proprietors
B. Selling to the final consuumers
C. Operating with small capital
D. Selling on hire purchase to consumers

Question 1628:

• WAEC 2009

A private limited company differs from a public limited company because it

A. Offers rights issues to existing shareholders
B. Has a separate entity from the owners
C. Cannot easily transfer shares
D. Declares dividend

Question 1629:

• WAEC 2009

Exchange is facilitated by

A. Taxation
B. Quotas
C. Specialization
D. Good supervision

Question 1630:

• WAEC 2009

Which of the following is not a means of transportation by water

A. Canoes
B. Launches
C. Tramps
D. Carts