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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 926:

The production process is completed when what is produced

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A Is in the manufacturer's warehouse
B Has reached the manufacturer's agent
C Is in the wholesaler's warehouse
D Has reached the retailers
E Has reached the final users

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Question 927:

Which of the following has no legal capacity to a contract

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A Public Limited Company
B Public Corporation
C Co-operative Society
D A Minor
E A Limited Partnership

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Question 928:

Which of the following is a disadvantage of road transport?

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A Takes an available route
B Fast overshort distances
C Increased handling of goods
D Offers door-to-door services
E Relatively cheap

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Question 929:

A speculator who applies for new stocks and shares with the intention of selling them them at higher price is a

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A Bull
B Stag
C Bear
D Jobber
E Broker

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Question 930:

The Third Party Motor Vehicle Insurance Policy covers damages

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A To both passengers and vehicle
B Caused by the vehicle insured
C To all parties concerned
D To all vehicles involved
E To the insured vehicle only

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