Waec Commerce Past Questions and Answers

Question 371:

• WAEC 1992

Bonded warehouse are controlled by?

A. Wholesale merchants
B. Co-operative wholesale society
C. Shipping and forwarding agencies
D. Customs and Excise authorities
E. Freight forwarders

Question 372:

• WAEC 1992

In large offices where a large number of mails is posted daily,which of the following quickens the stamping of envelopes?

A. Franking
B. Collating
C. Sorting
D. Trimming
E. Shredding

Question 373:

• WAEC 1992

The following factor must be considered before setting up a retail business except?

A. Capital
B. Experience
C. Location
D. Size of market
E. Public relationship

Question 374:

• WAEC 1992

Which of the following ancillary service helps to maintain close contact between buyers and sellers?

A. Tansport
B. Insurance
C. Banking
D. Communication
E. Advertising

Question 375:

• WAEC 1992

The system of collecting information with a view to determining the extent of demand for a product is known as?

A. Advertising
B. Marketing research
C. Marketing
D. Marketing segementation
E. Communication