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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 691:
Which of the following does not aim at protecting the customer?
  • A Sales of Goods Act
  • B Fair Trading Act
  • C Price Control Act
  • D Partnership Act
  • E Foods and Drugs Act
View Answer & Explanation
Question 692:
Which of the following activities makes the consumer its focus in decision making?
  • A Selling concept
  • B Marketing concept
  • C Product concept
  • D Production concept
  • E Market research
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Question 693:
Which of the following is a direct service?
  • A Banking
  • B Teaching
  • C Advertising
  • D Fishing
  • E Warehousing
View Answer & Explanation
Question 694:
Which of the following is a disadvantage of foreign trade?
  • A Encourages dumping
  • B Makes available the products that a country cannot produce
  • C Widens the world market
  • D Encourages specialization
  • E Makes possible the transfer of technology
View Answer & Explanation
Question 695:
An agreement that is enforceable in law is called?
  • A A contract
  • B An offer
  • C An acceptance
  • D A consideration
  • E An injuction
View Answer & Explanation