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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 911:
The amount which the insured pays the insurer periodically is
  • A Surrender value
  • B Premium
  • C Interest
  • D Compensation
  • E Contribution
View Answer & Explanation
Question 912:
At what stage is acceptance of offer by post valid? When the letter is
  • A Written
  • B Posted
  • C Delivered
  • D Replied
  • E Read
View Answer & Explanation
Question 913:
The capital of a company indicated in the Memorandum of Association is known as
  • A Authorized capital
  • B Capital owned
  • C Working capital
  • D Fixed capital
  • E Called-up capital
View Answer & Explanation
Question 914:
Which of the following is not a means of water transport?
  • A Liner
  • B Tanker
  • C Barge
  • D Tramp
  • E Truck
View Answer & Explanation
Question 915:
An agency that is involved in moving goods or people from place to place for a fee is called
  • A Courier agent
  • B Consignor
  • C Manufacturer
  • D Common carrier
  • E Factor
View Answer & Explanation