Waec Commerce Past Questions and Answers

Question 1931:

• WAEC 2014

A system of buying products from a machine is known as

A. Impulse buying
B. Branding
C. Automatic vending
D. Loss leader

Question 1932:

• WAEC 2014

Carpentry is an activity classified under

A. Extractive occupation
B. Tertiary occupation
C. Commercial occupation
D. Constructive occupation

Question 1933:

• WAEC 2014

A system of buying goods by an agent where the supplier is determined by the principal is

A. Tied shop
B. Closed shop indent
C. Open indent
D. Ring trading

Question 1934:

• WAEC 2014

One of the functions of a central bank is to

A. Perform supervisory role among all the banks in the country
B. Provide the means of payment to individuals
C. Ensure the smooth transfer of shares
D. Accept private deposits

Question 1935:

• WAEC 2014

The issue of Certificate of Incorporation to a company means that it has

A. Started production
B. Legally come into being
C. Appointed a board of directors
D. Merged with another company