Search SchoolNGR

Commerce Past Questions and Answers

[share]

Waec Commerce Questions

Question 631:

Which of the following is not the duty of an entrepreneur?

SchoolNGR Classroom

A Provision of inital capital
B Bearing of risks
C Organization of other factors of production
D Decision on what to produce
E Decision on the amount of tax to pay

View Answer & Explanation

Question 632:

Which of the following is not the duty of an entrepreneur?

SchoolNGR Classroom

A Provision of inital capital
B Bearing of risks
C Organization of other factors of production
D Decision on what to produce
E Decision on the amount of tax to pay

View Answer & Explanation

Question 633:

The difference between the total amount of money received by a country and the total amount paid to other countries within a given period is the

SchoolNGR Classroom

A Trade gap
B Balance of trade
C Balance of payments
D Current account balance
E Terms of trade

View Answer & Explanation

Question 634:

Which of the following is used to transmit typed messages over long distances?

SchoolNGR Classroom

A Dictaphone
B Teleprinter
C Computer
D Telephone
E Radio

View Answer & Explanation

Question 635:

When a company buys up firms supplying it with raw materials, this is an example of

SchoolNGR Classroom

A Horizontal integration
B A holding company
C Backward integration
D Consortium
E Lateral merger

View Answer & Explanation

Stay Updated

Follow us on:

Subjects