Waec Commerce Past Questions and Answers

Question 1951:

• WAEC 2015

The practice of giving a particular name to a product by a manufacturer is

A. Branding
B. Standardization
C. Publicity
D. Advertising

Question 1952:

• WAEC 2015

The practice of giving a particular name to a product by a manufacturer is

A. Branding
B. Standardization
C. Publicity
D. Advertising

Question 1953:

• WAEC 2015

An extra commission paid to an agent who guarantees credit sales made by him is?

A. Del credere
B. Guarantors fee
C. Jobber's turn
D. Brokerage

Question 1954:

• WAEC 2015

A professional in insurance who evaluates the level of loss claims is

A. Adjuster
B. Accessor
C. Underwriter
D. An actuary

Question 1955:

• WAEC 2015

The insurance services rendered to a foreign shipping company are treated as?

A. Invisible export
B. Invisible imports
C. Visible export
D. Balance of payment