Waec Commerce Past Questions and Answers

Question 441:

• WAEC 1993

The cost of advertising a product is ultimately borne by the?

A. Manufacturer
B. Wholesaler
C. Agent
D. Consumer
E. Retailer

Question 442:

• WAEC 1993

Which of the following is used to stimulate sales?

A. Finance
B. Insurance
C. Warehousing
D. Advertising
E. Banking

Question 443:

• WAEC 1993

Which of the following is used to stimulate sales?

A. Finance
B. Insurance
C. Wharehousing
D. Advertising
E. Banking

Question 444:

• WAEC 1993

Which of the following assigns a name to a product?

A. Copyright
B. Packaging
C. Labelling
D. Patent
E. Branding

Question 445:

• WAEC 1993

The insured is prevented from making profit from claims under more than one policy for the same risk by the principle of?

A. Contribution
B. Surbrogation
C. Utmost good faith
D. Proximate cause
E. Insurable interest