Search SchoolNGR

Wednesday, 11 November 2026
Register . Login

Commerce Past Questions and Answers

Waec Commerce Questions

Question 531:
Which of the following is an example of extractive industry?
  • A Sewing dresses
  • B Constructing bridges
  • C Baking bread
  • D Assembling iron rods
  • E Digging for precious stones
View Answer & Explanation
Question 532:
The raising of new capital by allowing existing shareholders the privilege to buy shares at preferential rate is called?
  • A Bonus issue
  • B Private placing
  • C Offer for sale
  • D Rights issue
  • E Issue by prospectus
View Answer & Explanation
Question 533:
The raising of new capital by allowing existing shareholders the privilege to buy shares at preferential rate is called?
  • A Bonus issue
  • B Private placing
  • C Offer for sale
  • D Rights issue
  • E Issue by prospectus
View Answer & Explanation
Question 534:
The agreed amount payable to a policy holder when the event insured against occurs is?
  • A Surrender value
  • B Sum assured
  • C Indemnity
  • D Insurable interest
  • E Endowment
View Answer & Explanation
Question 535:
The rate at which one country”s products are exchanged for the products of another is?
  • A Balance of trade
  • B Balance on current account
  • C Terms of trade
  • D Balance of payments
  • E Foreign exchange
View Answer & Explanation