Waec Commerce Past Questions and Answers

Question 2276:

• WAEC 2021

The reward for land as a factor of production is

A. Wage
B. Rent
C. Profit
D. Interest

Question 2277:

• WAEC 2021

Which of the following businesses can raise capital through the stock exchange?

A. Sole proprietorship
B. Private company
C. Public company
D. Cooperative society

Question 2278:

• WAEC 2021

A group of people representing a cross-section of business interests in an area is

A. Chamber of commerce
B. Consumers' association
C. Employers association
D. Manufacturers' association

Question 2279:

• WAEC 2021

One of the disadvantages of selling on credit is

A. Reduction in turnover
B. Reduction in profit
C. Increase in liquidity
D. Bad debts

Question 2280:

• WAEC 2021

A number of shops under one roof is a

A. Chain store
B. Department store
C. Discount store
D. Unit store