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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1091:

Which of the following is an example of itinerant trading?

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A Moblie shops
B Mail order Business
C Stall holding
D Selling from kiosk

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Question 1092:

Which of the following is not an objective of ECOWAS?

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A Expansion of trade
B Encouraging free movement of persons within member states
C Improvement of infrastructural facilities
D Promoting a common language

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Question 1093:

The expert who calculates premium for an insurance policy is?

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A An underwriter
B An actuary
C A broker
D An assessor

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Question 1094:

Which of the following means restoring the issue to position he was just before the loss occurred

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A Indemnity
B Subrogation
C Proximate cause
D Utmost good faith

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Question 1095:

Which of the following is not a means of payment in foreign trade?

SchoolNGR Classroom

A Telegraphic transfer
B Cheque
C Letter of credit
D Bill of exchange

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