Waec Commerce Past Questions and Answers

Question 216:

• WAEC 1991

In which of the following classes of occupation would you place a commerce teacher?

A. Commercial
B. Extractive
C. Direct service
D. Manufacturing
E. Construction

Question 217:

• WAEC 1991

Turnover may be increased by?

A. Increasing prices and product differentiation
B. Advertising and cutting prices
C. Refusing credits and customer services
D. Increasing the mark-up
E. Stocking very expensive goods

Question 218:

• WAEC 1991

The advantage road transport has over other means of transport is that?

A. Intermediate terminal handling is eliminated by door-to-door delivery
B. Specialised vehicles can be used to carry certain goods
C. Packaging is very easy as experts handle it
D. Canteen services are provided
E. Weather conditions do not affect it

Question 219:

• WAEC 1991

In winding-up a company, the assets of the company are vested in the hands of the?

A. Receiver
B. Liquidator
C. Registrar of companies
D. Directors of companies
E. The government

Question 220:

• WAEC 1991

When more shares are applied for than are offered for sale the offer is said to be over?

A. Issued
B. Floated
C. Subscribed
D. Valued
E. Traded