Search SchoolNGR

Thursday, 12 November 2026
Register . Login

Commerce Past Questions and Answers

Waec Commerce Questions

Question 1156:
Department store usually?
  • A Offers a wide variety goods
  • B Specialize in selling only household goods
  • C Offer a few line of goods
  • D Sell on cash on delivery basis
View Answer & Explanation
Question 1157:
An agreement by which a buyer pays instalmentally but does until final settlement is made is?
  • A Hire purchase
  • B Deferred payment
  • C Conditional sale
  • D Features trading
View Answer & Explanation
Question 1158:
Which of the following is sent by a customer who wishes to know the price, quality and terms of sale of a product?
  • A Quotation
  • B Letter of Enquiry
  • C Proforma invoice
  • D Advice note
View Answer & Explanation
Question 1159:
The trade document signed by a representative of the country to which is not discounted is also the?
  • A Consular invoice
  • B Certificate invoice
  • C Consignment invoice
  • D Proforma invoice
View Answer & Explanation
Question 1160:
The drawer of a bill of exchange which is not discount is also the?
  • A 30 days
  • B 2months
  • C 6 months
  • D 12 months
View Answer & Explanation