Waec Commerce Past Questions and Answers

Question 2191:

• WAEC 2019

Which of the following support the view that there was commerce in Nigeria many years ago?

A. The economy was consistent
B. Specialization was minimal
C. Cowries were used as money
D. Horses wee used as means of transportation
E. Communities were interdependent

Question 2192:

• WAEC 2019

Which of the following towns was important to the trans-Saharan traders?

A. Enugu
B. Oyo
C. Llorin
D. Kaduna
E. Kano

Question 2193:

• WAEC 2019

Production ends when goods?

A. And services are used by the producer
B. Are packed and labelled
C. Are sold in the market
D. And services reach the final user
E. Are advertised to the consumers

Question 2194:

• WAEC 2019

A counter offer operates as?

A. An acceptance
B. An offer
C. A rejection
D. An agreement
E. A contract

Question 2195:

• WAEC 2020

Commerce is defined as

A. Buying and selling of goods and services only
B. All activities in the distribution and exchange of goods and services
C. All activities involved in the production of goods and services
D. Transporting and warehousing of goods only