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Waec Commerce Past Questions and Answers

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Waec Commerce Past Questions

Question 2051:


the value at which one country obtains another country's currency is?

A. Terms of trade
B. Exchange rate
C. Bank rate
D. Terms of payment


Question 2052:


specializing in the sale of one line of goods is the main feature of?

A. Supermarkets
B. Chain stores
C. Mail order firm
D. Mobile shops


Question 2053:


one objective of the European Union is to?

A. Fight the guilty nations in time of war
B. Eliminate drug addiction among member countries
C. Eliminate all tariffs and quotas among member countries
D. Fight against child abuse in member countries


Question 2054:


which of the following person is a part of a business internal environment

A. Employee
B. Supplier
C. Creditor
D. Customer


Question 2055:


a person or firm to whom money is owed is?

A. Banker
B. Guarantor
C. Debtor
D. Creditor






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