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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 746:

Who among the following is not an agent?

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A Broker
B Factor
C Jobber
D Manufacturer's representative
E Aunctioneer

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Question 747:

Who among the following comes first in the channel of distribution?

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A Consumer
B Retailer
C Consignor
D Manufacturer
E Wholesaler

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Question 748:

The services rendered by Nigerian Airways to foreign companies are part of Nigeria's

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A Visible exports
B Visible imports
C Invisible exports
D Invisible imports
E Entreport trade

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Question 749:

One of the characteristics of a debenture is that

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A It yields a fixed rate of dividends
B It has no redemption date
C It yields a fixed rate of interest
D Its holder has a voting right
E The holder bears more risk than others

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Question 750:

Which of the following is a disadvantage of credit transaction?

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A Increases turnover
B Facilitates the sale of durable goods
C Encourages the habit of saving
D Encourages bad debt
E Enables consumers to enjoy goods without immediate payment

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