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Thursday, 12 November 2026
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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1216:
WAEC 2003
Which of the following is not a function of the retailing?
SchoolNGR Classroom
  • A Buying in bulk and warehousing
  • B Buying and selling in bits to consumers
  • C Advising consumers on the right type of goods
  • D Granting credits to customers
View Answer & Explanation
Question 1217:
WAEC 2003
Which of the following is not a function of the retailing?
SchoolNGR Classroom
  • A Buying in bulk and warehousing
  • B Buying and selling in bits to consumers
  • C Advising consumers on the right type of goods
  • D Granting credits to customers
View Answer & Explanation
Question 1218:
WAEC 2003
The refund made by on goods re-exported after being imported is known as?
SchoolNGR Classroom
  • A Import duty
  • B Export duty
  • C Excise drawback
  • D Customs drawback
View Answer & Explanation
Question 1219:
WAEC 2003
Which of the following requires services of middlemen?
SchoolNGR Classroom
  • A Technical goods
  • B Expensive goods
  • C Convenience goods
  • D Perishable goods
View Answer & Explanation
Question 1220:
WAEC 2003
Entrepot trade means?
SchoolNGR Classroom
  • A Exchange of goods between two countries
  • B Exchange of goods among many countries
  • C Exporting goods to be re - imported
  • D Importing goods to be re-exported
View Answer & Explanation

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