Waec Commerce Past Questions and Answers

Question 196:

• WAEC 1990

Which of the following is not an element of the marketing mix?

A. Product
B. Pricing
C. Promotion
D. Merchandising
E. Distribution

Question 197:

• WAEC 1990

Retail outlets which sell from specialized vans are?

A. Super markets
B. Multiple shops
C. Mail order firms
D. Department stores
E. Mobile shops

Question 198:

• WAEC 1990

The Nigeria Television Authority is an example of a?

A. Private limited liability company
B. Public limited liability company
C. Multinational corporation
D. Co-operative society
E. Public corporation

Question 199:

• WAEC 1990

Demurrage is a charge for?

A. Utlized lay days
B. Unsed lay days
C. Exceeding lay days
D. Damaged cargo
E. Jettisoned cargo

Question 200:

• WAEC 1990

Akani and Sule are sole proprietors. Akani proposed that their businesses be merged to form a partnership.
(a) Explain to Sule how such a partnership would be to their mutual benefit
(b) State five reasons why Sule might be reluctant to accept the proposal.