Waec Commerce Past Questions and Answers

Question 436:

• WAEC 1993

One of the main problems of nationalization is that?

A. Nationals ,may not welcome the change of ownership
B. Foreigners are not able to control the economy
C. Repatriation of profit is increased
D. There may be capital flight
E. There will be adverse balance of payment

Question 437:

• WAEC 1993

The process of selling government business to the public is known as?

A. Naturalization
B. Nationalization
C. Privatization
D. Commercialization
E. Indigenization

Question 438:

• WAEC 1993

The handling of telephone and telex services is done by?

A. NITEL
B. NIPOST
C. COURIER
D. NEC
E. NECA

Question 439:

• WAEC 1993

A post office service which provides an alternative to delivery of mails by a postman is the?

A. Post Office Box
B. Postcode
C. Business Reply Service
D. Post Office guide
E. Prepaid Post

Question 440:

• WAEC 1993

A service whereby NIPOST undertakes to collect money due to the sender of a parcel is called?

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