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Waec Commerce Past Questions and Answers

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Waec Commerce Past Questions

Question 2146:


The functions of money do not include

A. Store of value
B. Medium of exchange
C. Double coincidence of wants
D. Means of deferred payment


Question 2147:


A document of title to goods written by the ship owner specifying that certain goods are being conveyed in the ship is the?

A. Bill of sale
B. Bill of sight
C. Bill of entry
D. Bill of lading


Question 2148:


informative advertisig is aimed at?

A. Giving advice on the use of a product
B. Influencing customers to buy a product
C. Giving gifts to attract customers
D. Encouraging specific customers to buy a product


Question 2149:


A cheap means of carrying bulky goods over long distance is by?

A. Rail
B. Road
C. Air
D. Pipeline


Question 2150:


A contract terminated by the occurence of an event which makes performance impossible is discharged by?

A. Breach
B. Agreement
C. Frustration
D. Performance






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