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Wednesday, 01 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 2791:
WAEC 2005
The fee which the bank charges for services rendered to their current account customers is?
SchoolNGR Classroom
  • A Commission on turnover
  • B Bank rate
  • C Minimum lending rate
  • D Interest
View Answer & Explanation
Question 2792:
WAEC 2005
Which of the following would not affect the form of a business unit?
SchoolNGR Classroom
  • A Availability of raw materials
  • B The type of business
  • C Number of persons involved
  • D The capital size
View Answer & Explanation
Question 2793:
WAEC 2005
Partnership form of business is most appropriate?
SchoolNGR Classroom
  • A Where professionals are needed
  • B For non-profit making ventures
  • C Where very large capital is required
  • D Where the liability of members is limited
View Answer & Explanation
Question 2794:
WAEC 2005
The nominal value of a share is the same as its?
SchoolNGR Classroom
  • A Market value
  • B Below par value
  • C Above par value
  • D Face value
View Answer & Explanation
Question 2795:
WAEC 2005
The nominal value of a share is the same as its?
SchoolNGR Classroom
  • A Market value
  • B Below par value
  • C Above par value
  • D Face value
View Answer & Explanation

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