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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 521:

Which of the following is an objective of indigenisation? To

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A Increase foreign participation in business
B Attract foreign Capital
C Help Nigerian entrepreneurs become monopolists
D Help citizens participate fully in the economy
E Distribute income

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Question 522:

In which of the following are the objectives of a company stated?

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A Annual Report
B Articles of Association
C Certificate of Incorporation
D Certificate of Trading
E Memorandum of Association

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Question 523:

The coming together of firms at different stages of the production process is known as?

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A Horizontal integration
B Vertical integration
C Consortium
D Cartel
E Holding company

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Question 524:

Who among the following is not a commercial occ?upaation

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A A stoke broker
B An engineer
C A banker
D A common carrier
E An advertising agent

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Question 525:

The storing of goods under proper conditions until they are required is a function of?

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A Stock taking
B Warehousing
C Stock control
D Merchandising
E Blending

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