Waec Commerce Past Questions and Answers

Question 1701:

• WAEC 2010

Which of the following is not contained in a deed of partnership?

A. Names and addresses of partners
B. Ratio for sharing profits and losses
C. Investment of each partner
D. Rate of taxation

Question 1702:

• WAEC 2010

The publication of facts from a firm's product is called

A. Merchandizing
B. Exhibition
C. Feature articles
D. Mass advertising

Question 1703:

• WAEC 2010

Which of the following is not a function of a retailer?

A. Providing after sales services
B. Stocking variety of goods
C. Selling in small unites to the consumers
D. Financing manufacturers

Question 1704:

• WAEC 2010

A firm on the stock exchange which agrees to buy shares not bought after a public offer is

A. A broker
B. A stag
C. A jobber
D. An underwriter

Question 1705:

• WAEC 2010

Which of the following ancillary services makes it possible for goods to be where they are required?

A. Communication
B. Banking
C. Transportation
D. Insurance