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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1311:
One of the objectives of ECOWAS is to
  • A Promote indigenization policy
  • B Ensure that quality goods are produced
  • C Promote trade within the region
  • D Discourage foreign investors
View Answer & Explanation
Question 1312:
The amount of insurance premium to be paid depends on the
  • A Supply and demand of a particular company's service
  • B Extent of the possible loss and the frequency of the risk
  • C Number of insurance companies in a place
  • D Amount of profit to be made by the insurer
View Answer & Explanation
Question 1313:
Which of the following is the main task of the Marketing Manager whose company has adopted the marketing concept? To
  • A Identify and satisfy customer's needs
  • B Maintain the company's share of the market
  • C Recruit more salesmen
  • D Make maximum profit
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Question 1314:
The Money Market is the
  • A Market for long term loans
  • B Market for short-term loans
  • C Market for government securities
  • D Banking hall of commercial banks
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Question 1315:
The choice of medium used in advertising is not determined by the
  • A Cost of using a particular medium
  • B Age group to which the medium appeals
  • C Nationality of people using the medium
  • D Number of people reached by the medium
View Answer & Explanation