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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 891:
A mercantile agent having title to goods in his possession is known as
  • A Factor
  • B Broker
  • C Jobber
  • D Auctioneer
  • E Stag
View Answer & Explanation
Question 892:
A transporter who had to sell some perishable goods without the authority of the owner becomes an agent by
  • A Estoppel
  • B Necessity
  • C Ratification
  • D Conduct
  • E Appointment
View Answer & Explanation
Question 893:
A contract to take possession of goods on installment payment with the option to transfer ownership after full payment is known as
  • A Credit sale
  • B Conditional sale
  • C Hire purchase
  • D Trade-in-sale
  • E Leasing
View Answer & Explanation
Question 894:
Which of the following brings a public corporation into existence
  • A Certificate of Incorporation
  • B Certificate of trading
  • C Acts of Parliament
  • D Registeration
  • E Prospectus
View Answer & Explanation
Question 895:
The set of actions of governments, and other organized bodies in response to users' complaints about goods and services is known as
  • A Consumer soveriegnty
  • B Consumer protection
  • C Consumer orientation
  • D Consumer loyalty
  • E Consumers' preference
View Answer & Explanation