Search SchoolNGR

Commerce Past Questions and Answers

[share]

Waec Commerce Questions

Question 1336:

The distribution of profits based upon the level of patronage in the business is a common feature of?

SchoolNGR Classroom

A Partnership firms
B Public limited companies
C Co-operative societies
D Private limited companies

View Answer & Explanation

Question 1337:

The fee which the bank charges for services rendered to their current account customers is?

SchoolNGR Classroom

A Commission on turnover
B Bank rate
C Minimum lending rate
D Interest

View Answer & Explanation

Question 1338:

The fee which the bank charges for services rendered to their current account customers is?

SchoolNGR Classroom

A Commission on turnover
B Bank rate
C Minimum lending rate
D Interest

View Answer & Explanation

Question 1339:

Which of the following would not affect the form of a business unit?

SchoolNGR Classroom

A Availability of raw materials
B The type of business
C Number of persons involved
D The capital size

View Answer & Explanation

Question 1340:

Partnership form of business is most appropriate?

SchoolNGR Classroom

A Where professionals are needed
B For non-profit making ventures
C Where very large capital is required
D Where the liability of members is limited

View Answer & Explanation

Stay Updated

Follow us on:

Subjects