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Wednesday, 11 November 2026
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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 101:
WAEC 1990
Paper money originated in form of receipt given by?
SchoolNGR Classroom
  • A Money lenders
  • B Goldsmiths
  • C Bankers
  • D Traders
  • E Thrift societies
View Answer & Explanation
Question 102:
WAEC 1990
Paper money originated in form of receipt given by?
SchoolNGR Classroom
  • A Money lenders
  • B Goldsmiths
  • C Bankers
  • D Traders
  • E Thrift societies
View Answer & Explanation
Question 103:
WAEC 1990
The major divisions of Commerce are?
SchoolNGR Classroom
  • A Import, export and transport
  • B Trade, communication and warehousing
  • C Trade and auxiliaries to trade
  • D Exchange, consumption and production
  • E Import, trade and production
View Answer & Explanation
Question 104:
WAEC 1990
Which of the following statements is not true?
SchoolNGR Classroom
  • A Commercial services are the life's blood of a country's economic system
  • B There cannot occur commercial services unitl goods have been produced
  • C Without commercial services must goods and services will not produced
  • D There is no stage of production that does not employ commercial services
  • E Commercial services add to the value of a product
View Answer & Explanation
Question 105:
WAEC 1990
The three main division of production include industrial?
SchoolNGR Classroom
  • A Commercial banking services
  • B Commercial and services
  • C Transportation and services
  • D Manufacturing and services
  • E Banking and services
View Answer & Explanation

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