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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1001:
A bill of exchange is retired when it is
  • A Paid before maturity
  • B Marked "accepted"
  • C Discounted
  • D Dishonoured
View Answer & Explanation
Question 1002:
State and explain any five classes of shares a public limited company can issue.
    View Answer & Explanation
    Question 1003:
    (a)Explain five reasons why consumers need protection.
    (b) State five government legislation aimed at consumer protection.
      View Answer & Explanation
      Question 1004:
      (a)Describe to Kola a new recruit in your office, the steps he may take to open a current account.
      (b) Outline four functions of the Central Bank.
        View Answer & Explanation
        Question 1005:
        (a)With the aid of a diagram, illustrate six branches of trade and show six types of retail outlets.
        (b) State eight features of hawking.
          View Answer & Explanation