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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 701:
Which of the following services is not rendered by NIPOST
  • A Express delivery
  • B Recorded delivery
  • C Parcel post
  • D Telephone
  • E Cash delivery
View Answer & Explanation
Question 702:
Which of the following functions may not be performed by a whole saler?
  • A Transporting
  • B Warehousing
  • C Financing
  • D Branding
  • E Manufacturing
View Answer & Explanation
Question 703:
The commercial term "Caveat emptor" means, Let the
  • A Buyer beware
  • B Seller beware
  • C Manufacturer beware
  • D Account be settled
  • E Endorser be careful
View Answer & Explanation
Question 704:
Which of the following is not a business resource?
  • A Wages
  • B Man
  • C Money
  • D Material
  • E Machine
View Answer & Explanation
Question 705:
In which of the following business units are the owners mostly the customers?
  • A Co-operatives
  • B Partnerships
  • C Public corporations
  • D Limited liability companies
  • E Sole proprietorship
View Answer & Explanation