Waec Commerce Past Questions and Answers

Question 2301:

• WAEC 2021

One of the qualities of tradable goods is ____________

A. Divisibility
B. Heterogeneity
C. Homogeneity
D. Perishability

Question 2302:

• WAEC 2021

Which of the following instruments of payment could be used in international trade?

A. Promissory note
B. B. Postal order
C. I. O.U
D. Bill of exchange

Question 2303:

• WAEC 2021

Differentiate between a merger and an acquisition.
Explain five ways commerce is important in the life of a nation

Question 2304:

• WAEC 2021

Differentiate between the following pairs of terms: (i) Interest and profit: (ii) Share and denture (iii) Ordinary share and preference share (iv)Cumulative preference share and participating preference share (v) Cum div and ex div

Question 2305:

• WAEC 2021

(a) State four functions of Money:
(b)Explain how the following operators function on a stock exchange