Waec Commerce Past Questions and Answers

Question 1886:

• WAEC 2013

(a) Distinguish between Commerce and Industry
(b) (i) Explain three activities involved in industry
(ii) Explain five activities involved in commerce

Question 1887:

• WAEC 2013

(a) State five features of a public corporation
(b) list and explain five sources of capital available to a limited liability company

Question 1888:

• WAEC 2013

(a) What is mail order business?
(b) list and explain six trends in retailing

Question 1889:

• WAEC 2013

Write explanatory notes on the following Stock Exchange terms
(a) Bull (b) Bear (c) Option (d) Backwardation (e) Contango

Question 1890:

• WAEC 2013

Explain the following insurance terms;
(a) proximate cause
(b) surrender value
(c) contribution
(d) utmost good faith
(e) premium