Waec Commerce Past Questions and Answers

Question 2071:

• WAEC 2017

A business which becomes insolvent may result in

A. Continuity
B. Expansion
C. Liquidation
D. Re-incorporation

Question 2072:

• WAEC 2017

which of the follwing does not belong to the extractive occupation?

A. Quarrying
B. Carving
C. Mining
D. Agriculture

Question 2073:

• WAEC 2017

The major division of commerce are?

A. Import, export and transportation
B. Trade, communication and warehouse
C. Import, trade and production
D. Trade and auxiliaries to trade

Question 2074:

• WAEC 2017

A memorandum of association is a document

A. Defining a company's relationship with the public
B. Inviting the public to buy a company's shares
C. Governing the affairs of the partnership
D. Regulating a company's internal affairs

Question 2075:

• WAEC 2017

The main purpose of branding is to?

A. Increase the quantity of goods demanded
B. Increase the selling price of goods
C. Differentiate goods from other similar goods
D. Enhance turnover of goods