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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 796:
Which of the following mostly serves as a useful promotional device for consumer goods?
  • A Trade mark
  • B Labelling
  • C Standardization
  • D Grading
  • E Packaging
View Answer & Explanation
Question 797:
Which of the following is a function of advertising?
  • A Stimulation of demand
  • B Leads to market segmentation
  • C Maintenance of quality
  • D Determining selling price
  • E Provision of market information
View Answer & Explanation
Question 798:
The main reason for advertising an already existing line of products is to
  • A Develop customers' awareness
  • B Entertain customers
  • C Introduce a price deal
  • D Build brand recognition
  • E Retain old customers
View Answer & Explanation
Question 799:
The principle of insurance that restores the insured to the position he occupied immediately before the loss occurred is called
  • A Utmost good faith
  • B Indemnity
  • C Subrogation
  • D Contribution
  • E Insurable interest
View Answer & Explanation
Question 800:
Business activities that direct the flow of goods and services from the producer to the consumer is
  • A Promotion
  • B Advertising
  • C Selling
  • D Marketing
  • E Transportation
View Answer & Explanation