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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1356:

Which of the following is not suitable for fire purchase?

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A Textiles
B Furniture
C Refrigerators
D Printing machine

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Question 1357:

The form of trade practiced by the early men was characterized by

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A Exchange of goods for money
B Efficient distribution system
C Exchange of goods for goods
D Organized warehousing

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Question 1358:

Which of the following is an advantage of indigenization ?

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A Checks exploitation by citizens
B Business risks are shared
C Fosters self-reliance
D Leads to monopoly of power

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Question 1359:

Farming is an activity that falls under?

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A Tertiary occupation
B Commercial occupation
C Extractive occupation
D Secondary occupation

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Question 1360:

Which of the following coordinates other factors of production to achieve set objectives?

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A Land
B Labour
C Enterpreneur
D Capital

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