Waec Commerce Past Questions and Answers

Question 491:

• WAEC 1993

Write short notes on the following, showing their main uses in foreign trade:

(a) Shipping notes
(b) Ship's manifest
(c) Bill of sight
(d) Dock warrant
(d) Bill of entry.

Question 492:

• WAEC 1993

(a) Describe the functions of the Stock Exchange.
(b) State the types of securities traded in the Stock Exchange.

Question 493:

• WAEC 1993

(a) What are Thrift Societies?
(b) Describe five services rendered by Thrift Societies to their members.

Question 494:

• WAEC 1993

(a) Explain five problems of using rail transport in Nigeria.
(b) Write short notes on;
(i) Tramp liners
(ii) Ocean liners.

Question 495:

• WAEC 1993

(a) What is a contract of sale of goods?
(b) State any three of its provisions.
(c) Explain two conditions that constitute acceptance in the contract of sale of goods.