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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 846:
Who among the following is not engaged in a commercial occupation
  • A A stock brocker
  • B An engineer
  • C A banker
  • D A common carrier
  • E An advertising agent
View Answer & Explanation
Question 847:
On which of the following grounds may a company be compulsorily wound up?
  • A The company is making abnormal profits
  • B It did not declare dividends every year
  • C Its products compete with that of a government company
  • D It fails to commence business within a year of its incorporation
  • E It fails to make profit within a year of its incorporation
View Answer & Explanation
Question 848:
The management and control of co-operative societies are in the hands of the
  • A Contributors
  • B Board of Directors
  • C Committee
  • D Financial controller
  • E Registrar
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Question 849:
Key industries and those requiring huge capital are usually established as
  • A Public corporations
  • B Public limited companies
  • C Private limited companies
  • D Holding companies
  • E Partnerships
View Answer & Explanation
Question 850:
Movement of commercial vehicles in Nigeria is controlled by the
  • A Nigerian Ports Authority
  • B National Association of Road Transport Workers
  • C Federal Ministry of Transport
  • D Nigerian Customs Authority
  • E Nigerian Airports Authority
View Answer & Explanation