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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 111:
WAEC 1990
The oldest and commonest form of business in Nigeria is?
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  • A Partnership
  • B The co-operative society
  • C Sole proprietorship
  • D Joint stock veture
  • E Public corporation
View Answer & Explanation
Question 112:
WAEC 1990
If a retailer Mr. Aigbojie buys goods manufactured by Adefila Limited from wholesaler Mrs. Jumai, who will prepare the delivery note?
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  • A Mr. Aigbojie
  • B Adefila Limited
  • C Mr. Jumai
  • D Mr. Aigbojie and Adefila Limited
  • E Adefila Limited and Mrs. Jumai
View Answer & Explanation
Question 113:
WAEC 1990
Which of the following is not a factor of product?
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  • A Capital?
  • B Land
  • C Labour
  • D Organization
  • E Staffing
View Answer & Explanation
Question 114:
WAEC 1990
In which class of occupation would you place a taxi driver?
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  • A Extractive
  • B Indirect services
  • C Personal services
  • D Primary production
  • E Commercial services
View Answer & Explanation
Question 115:
WAEC 1990
The purpose of of issuing a credit note is to?
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  • A Correct errors of overcharging
  • B Correct errors of undercharging
  • C Write off bad debts
  • D Encourage immediate payment
  • E Encourage bulk buying
View Answer & Explanation

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