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Commerce Past Questions and Answers

Waec Commerce Questions

Question 46:

Which of the following functions is performed by the stock exchange markets?

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A Provision for bulk purchase
B Issuing of treasury bills
C Provision of the purchase and sale of existing securities
D Discounting bills of exchange
E Providing for short-term investment

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Question 47:

Which of the following is not a true characteristic of a Chamber of Commerce?

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A It is not for profit making
B It is open only to political party members
C It is democratically administered
D It is a voluntary organization
E It is independent of government control

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Question 48:

The management of evaluating the company's performance to determine whether it is achieving its objective is?

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A Controlling
B Directing
C Organizing
D Planning
E Consulting

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Question 49:

Which of the following is primarily responsible for protecting against poor quality goods?

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A Nigerian National Supply Company
B Manufacturers Association of Nigeria
C Industrial Arbitration Panel
D Standards Organization of Nigeria
E Nigeria Chambers of Commerce

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Question 50:

Information on new goods is passed on to buyers through?

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A Wholesale trade
B Retail trade
C Market research
D Advertising
E The manufacturer

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