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Waec Commerce Past Questions and Answers

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Waec Commerce Past Questions

Question 1836:


(a) Differentiate between Nationalization and Indigenization.
(b) State six reasons why a country would indigenize some industries.




Question 1837:


A document used as a polite way of refusing credit is

A. Advice note
B. Quotation
C. Proforma invoice
D. Invoice


Question 1838:


A document used as a polite way of refusing credit is

A. Advice note
B. Quotation
C. Proforma invoice
D. Invoice


Question 1839:


Carriage forward on an invoice means

A. Carriage will be paid next time
B. Carriage will be paid by seller
C. Carriage will be paid by buyer
D. Carriage has been paid


Question 1840:


Which of the following will be suitable for hire purchase sale?

A. Shares
B. Refrigerator
C. Shoes
D. Textile






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