Waec Commerce Past Questions and Answers

Question 286:

• WAEC 1991

A facility used for impressing pre-paid postage rate on letters is called?

A. Vending machine
B. Speed post
C. Recorded delivery services
D. Cash register
E. Franking machine

Question 287:

• WAEC 1991

Which of the following ensures that manufactured goods conform to the required standard?

A. Nigerian Industrial Research Centre
B. Standard Organization of Nigeria
C. Consumer Consultative Committee
D. Price Control Board
E. Indigenization Decree

Question 288:

• WAEC 1991

Which of the following enjoins the buyers ti examine goods thoroughly beforeigeria making a purchase?

A. Uberrimae fidei
B. Caveat subscriptor
C. Consumer sovereignty
D. Caveat venditor
E. Standard for deferred payment

Question 289:

• WAEC 1991

Which of the following enjoins the buyers ti examine goods thoroughly beforeigeria making a purchase?

A. Uberrimae fidei
B. Caveat subscriptor
C. Consumer sovereignty
D. Caveat venditor
E. Standard for deferred payment

Question 290:

• WAEC 1991

Which of the following is not a function of money?

A. Unit of account
B. Store of value
C. Determinant of exchange of medium
D. Medium of exchange
E. Standard for deferred payment