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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1146:
Which of the following is an internal source of capital to a business concern?
  • A Trade credit
  • B Debenture
  • C Overdraft
  • D Retain profit
View Answer & Explanation
Question 1147:
When shares are sold "EX-DIV" it means that?
  • A No dividend is paid on the shares
  • B The buyer receives the dividend
  • C The seller receives the dividends
  • D The stock exchange retains the dividend
View Answer & Explanation
Question 1148:
Detailed information about a public offer of a company's shares is contained in the?
  • A Memorandum of association
  • B Article of association
  • C Letter of enquiry
  • D Prospectus
View Answer & Explanation
Question 1149:
Where two or more companies agree to work on a project too large for one of them, this is called?
  • A Consortium
  • B Merger
  • C Combination
  • D Cartel
View Answer & Explanation
Question 1150:
A retail outlet meant to sell only a particular manufacturer's product known as a?
  • A Co-operative shop
  • B Chain store
  • C Department store shop
  • D Tied
View Answer & Explanation