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Commerce Past Questions and Answers
Classroom
Commerce Questions
Question 1461:
WAEC 1989
Production ends when goods?
SchoolNGR Classroom
A
And services are used by the producer
B
Are packed and labelled
C
Are sold in the market
D
And services reach the final user
E
Are advertised to the consumers
View Answer & Explanation
Question 1462:
WAEC 1989
A counter offer operates as?
SchoolNGR Classroom
A
An acceptance
B
An offer
C
A rejection
D
An agreement
E
A contract
View Answer & Explanation
Question 1463:
WAEC 1989
In the contract of sale of goods,"let the buyer beware" is signified by?
SchoolNGR Classroom
A
Del credere
B
Uberrima fidei
C
Caveat emptor
D
Res ipsa loquitor
E
Caveat vendetta
View Answer & Explanation
Question 1464:
WAEC 1989
Branding is a good example of?
SchoolNGR Classroom
A
Informative advertising
B
Marketing mix
C
Persuasive advertising
D
Consumerism
E
Competitive advertising
View Answer & Explanation
Question 1465:
WAEC 1989
The critical factor in organizing a business is?
SchoolNGR Classroom
A
Money
B
Capital
C
Machinery
D
Management
E
Control
View Answer & Explanation
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