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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1081:
The mark-up of a retailer represents the?
  • A Gross profit
  • B Opening stock
  • C Closing stock
  • D Net profit
View Answer & Explanation
Question 1082:
The number of times the average stock of a business is sold within a given period is?
  • A Turnover
  • B Rate of turnover
  • C Sales return
  • D Current ratio
View Answer & Explanation
Question 1083:
Branding is an aspect of marketing mix associated with?
  • A Price
  • B Product
  • C Place
  • D Distribution
View Answer & Explanation
Question 1084:
Which of the following business must have at least one member with unlimited liability?
  • A Limited liability company
  • B Limited partnership
  • C Nominal partnership
  • D Public eneterprises
View Answer & Explanation
Question 1085:
Which of the following is a feature of sole proprietorship?
  • A Issue of shares
  • B Limited liability
  • C Limited capital
  • D Legal entity
View Answer & Explanation