Waec Commerce Past Questions and Answers

Question 201:

• WAEC 1990

(a) Explain the following terms:
(i) bearer cheque
(ii) open cheque
(iii) order cheque
(iv) crossed cheque.
(b) Explain any six factors which a bank manager would take into consideration in evaluating an application for a loan.

Question 202:

• WAEC 1990

State the functions of: |
(a) NIPOST
(b) NITEL

Question 203:

• WAEC 1990

(a) Distinguish between Nationalization and Indigenisation
(b) State any five advantages of nationalization and two objectives of indigenisation.

Question 204:

• WAEC 1990

(a) What is marketing?
(b) Explain any six reasons why a manufacturer may sell directly to consumers.

Question 205:

• WAEC 1990

(a) What are the functions of the Nigeria Export Promotion Council (NEPC)?
(b) What are the steps an exporter would take to export goods from the receipt of an indent to the shipment of the goods?