Waec Commerce Past Questions and Answers

Question 1666:

• WAEC 2010

The import of foreign-produced goods to be re-exported is known as

A. Domestic trade
B. Wholesale trade
C. Entrepot trade
D. Counter trade

Question 1667:

• WAEC 2010

One roof containing a number of shops is a

A. Tied shop
B. Mail order firm
C. Department store
D. Chain store

Question 1668:

• WAEC 2010

The selling of articles from place to place on foot is

A. Mail order
B. Itinerant trading
C. Barter
D. Self service

Question 1669:

• WAEC 2010

A company whose shares are not easily transferable is a

A. Private limited company
B. Public limited company
C. Public corporation
D. Company limited by guarantee

Question 1670:

• WAEC 2010

Which of the following must be stated in the article of association?

A. The objects of the company
B. The registered office address of the company
C. The method of issue and transfer of shares
D. Statement that liabilities are limited