Waec Commerce Past Questions and Answers

Question 2186:

• WAEC 2019

Paper money originated in form of receipt given by?

A. Money lenders
B. Goldsmiths
C. Bankers
D. Traders
E. Thrift societies

Question 2187:

• WAEC 2019

An insurance broker is involved in?

A. Manufacturing occupation
B. Distributive occupation
C. Commercial occupation
D. Extractive occupation
E. Constructive occupation

Question 2188:

• WAEC 2019

The process of buying and selling and distribution of goods and services is known as?

A. Retail trade
B. Commerce
C. Marketing concept
D. Marketing mix
E. Wholesale trade

Question 2189:

• WAEC 2019

The practice of employing specialists in relevant occupation is a feature of?

A. Subsistence economy
B. Mobility of labour
C. Mixed economy
D. Exchange economy
E. Division of labour

Question 2190:

• WAEC 2019

Which of the following convert raw materials into finished goods?

A. Extractive industry
B. Manufacturing
C. Commercial occupation
D. Constructive industry
E. Tertiary industry