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Waec Commerce Past Questions and Answers

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Waec Commerce Past Questions

Question 1656:


(a) Explain the following terms:
(i) goodwill
(ii) patents
(iii) trade mark
(iv) copyright
(b) State four factors that could lead to the dissolution of a limited liability company




Question 1657:


(a) Distinguish between nationalization and indigenization
(b) State five advantages of nationalization and three disadvantages of indigenization



Question 1658:


A bonded warehouse is a place for keeping

A. Contraband goods
B. Dutiable goods
C. Tax free goods
D. Smuggled goods


Question 1659:


A bonded warehouse is a place for keeping

A. Contraband goods
B. Dutiable goods
C. Tax free goods
D. Smuggled goods


Question 1660:


Which of the following can quote its shares on the stock exchange

A. Partnership
B. Sole-proprietorship
C. Co-operative society
D. Public limited company






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