Waec Commerce Past Questions and Answers

Question 331:

• WAEC 1992

When payments is required for goods at the time order is placed, the term of payment quoted is?

A. C.O.D
B. C.W.O
C. C.I.F
D. F.O.R
E. F.O.B

Question 332:

• WAEC 1992

The provision of all kinds of services is related to?

A. Primary production
B. Secondary production
C. Territorial production
D. Construction
E. Tertiary production

Question 333:

• WAEC 1992

Which of the following is the primary purpose of a business concern? To

A. Make maximum profit for itself and the share holders
B. Provide goods and services to customers at a profit for itself and shareholders
C. Supply essential commodities at a profit
D. Make a goods and services available to the poor at a profit
E. Ensure even development of a country

Question 334:

• WAEC 1992

When a motor dealer undertakes routine maintenance of costumers' vehicles, he is offering?

A. Self - service
B. Pre - sales services
C. After - sales service
D. Automobile service
E. Free service

Question 335:

• WAEC 1992

Which of the following has the main objective to differentiate between similar products from different manufacturers?

A. Branding
B. Wrapping
C. Packaging
D. Mark up
E. Display