Waec Commerce Past Questions and Answers

Question 2006:

• WAEC 2015

(a) State five reasons for the presence of the customs and excise authority at seaports.
(b) Explain five functions of airport authority

Question 2007:

• WAEC 2015

(a) Explain five reasons for which manufacturers advertise their products.
(b) State five reasons for the continued criticism of advertising.

Question 2008:

• WAEC 2015

(a) What is a contract?
(b) List and explain four ways by which a contract can be discharged.

Question 2009:

• WAEC 2015

(a) State five reasons for governments participation in business
(b) Explain five problems encountered by government businesses.

Question 2010:

• WAEC 2016

where a number of insurance companies are liable under one policy, the principle applicable is ?

A. Subrogation
B. Contribution
C. Indemnity
D. Utmost good faith