Search SchoolNGR

Thursday, 12 November 2026
Register . Login

Commerce Past Questions and Answers

Waec Commerce Questions

Question 1221:
To sell a bill at less that the face value before its maturity is?
  • A Discounting
  • B Retiring
  • C Accepting
  • D Noting
View Answer & Explanation
Question 1222:
To sell a bill at less that the face value before its maturity is?
  • A Discounting
  • B Retiring
  • C Accepting
  • D Noting
View Answer & Explanation
Question 1223:
Which of the following tells the customer exactly what has been sold to him, the amount due and any discount granted?
  • A Advice note
  • B Statement
  • C Invoice
  • D Credit note
View Answer & Explanation
Question 1224:
Which of the following tells the customer exactly what has been sold to him, the amount due and any discount granted?
  • A Advice note
  • B Statement
  • C Invoice
  • D Credit note
View Answer & Explanation
Question 1225:
Which of the following documents is required when a bill of lading is not readily available to enable the goods to be landed?
  • A Bill of exchange
  • B Certificate of origin
  • C Consumers invoice
  • D Bill of sight
View Answer & Explanation