Waec Commerce Past Questions and Answers

Question 2036:

• WAEC 2016

A partnership is dissolved due to?

A. Liquidity of the firm
B. Death of the employee
C. Insanity of partner
D. Resignation of an employee

Question 2037:

• WAEC 2016

A document that contains the relationship between the company and outsiders is?

A. Certificate of incorporation
B. Memorandum of association
C. Article of association
D. Certificate of trading

Question 2038:

• WAEC 2016

An organisation formed mainly by traders and manufacturers to cater for interest for interest of members is?

A. Trade union
B. Co-operative society
C. Trade association
D. Chamber of commerce

Question 2039:

• WAEC 2016

An insurance broker is involved in?

A. Industrial occupation
B. Distributive occupation
C. Commercial occupation
D. Constructive occupation

Question 2040:

• WAEC 2016

An agreement that is enforceable in law is?

A. A contract
B. An offer
C. An acceptance
D. A consideration