Waec Commerce Past Questions and Answers

Question 1916:

• WAEC 2014

Consumer protection council places an obligation on producers to ensure that their products

A. Are wholesome and safe
B. Are cheap
C. Do not evade customs examination
D. Are branded

Question 1917:

• WAEC 2014

The target of all marketing activities is the

A. Consumer
B. Middleman
C. Producer
D. Distributor

Question 1918:

• WAEC 2014

Small-scale retailers continue to exist in spite of the dominance of large firms because they

A. Render personal service
B. Employ few salesmen
C. Can raise large capital from relatives
D. Deal in specific goods

Question 1919:

• WAEC 2014

Buildings and machinery purchased for use in business are examples of

A. Current assets
B. Fixed assets
C. Capital employed
D. Paid up capital

Question 1920:

• WAEC 2014

The throwing of goods over board to prevent a ship from sinking is known as

A. Floatsam
B. Abandonement
C. Jettison
D. Particular average