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Thursday, 02 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 2841:
WAEC 2005
If the amount of dividend paid varies according to the level of profit; what type of share is involved?
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  • A Cumulative preference share
  • B Preference share
  • C Deferred share
  • D Ordinary share
View Answer & Explanation
Question 2842:
WAEC 2005
A retail outlet is described as a multiple shop when it
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  • A Has many shops under one roof
  • B Sells goods which are not standardized
  • C Sells through catalogue
  • D Deals in one line of goods
View Answer & Explanation
Question 2843:
WAEC 2005
Time policy in insurance is associated with
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  • A Motor vehicles
  • B Ships at sea
  • C Life endowment
  • D Goods in transit
View Answer & Explanation
Question 2844:
WAEC 2005
When a quotation is marked C.W.O , it means
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  • A No credit facility is allowed
  • B No discount is allowed
  • C The buyer should beware
  • D The seller should beware
View Answer & Explanation
Question 2845:
WAEC 2005
Which of the following is a function of a stock broker
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  • A Provision of short-term capital
  • B Giving investment advice
  • C Regulation of stock exchange practices
  • D Granting of loans to investors
View Answer & Explanation

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