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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 776:
A company which acquires more than 50% voting shares of another company is called?
  • A A trust
  • B A cartel
  • C An amalgamation
  • D A consortium
  • E A holding company
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Question 777:
Which of the following is true of a merger?
  • A Original names of the companies are retained
  • B Expansion is restricted
  • C All debts are written off
  • D The company formed aquires a new name
  • E All workers are paid bonuses
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Question 778:
Which of the following covers damages to the body of a ship and its machinery?
  • A Freight insurance
  • B Cargo insurance
  • C General average insurance
  • D Voyage policy
  • E Hull insurance
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Question 779:
The major disadvantage of pipeline transportation is that it
  • A Does not involve toomuch labour
  • B Reduces road congestion
  • C Is fast
  • D Is not easy to detect damages
  • E Is not affected by weather
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Question 780:
Which of the following are true of a bill of lading? i. it is a means of payment in foreign trade. ii. it is document of title to goods. iii. it is a contract of carriage. iv. it is usually drawn in triplicate.
  • A I and iii only
  • B I, ii and iii only
  • C Ii and iii only
  • D Ii and iv only
  • E Ii, iii and iv only
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