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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1381:

Which of the following is not suitable for hire purchase?

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A Textiles
B Furniture
C Refrigerators
D Printing machine

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Question 1382:

A seller quoting his goods loco price means that

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A All charges are borne by the seller
B All charges are borne by the buyer
C The seller pays carriage as far as the buyers warehouse
D The price includes cost, insurance and freight

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Question 1383:

Which of the following is the correct sequence in which the following documents are used?

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A Order, delivery note, debit note, invoice, statement
B Order, advice note, debit note,invoice,statement
C Order, statement, delivery note, invoice, debit note
D Order, delivery note, invoice, debit note, statement

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Question 1384:

A set of measures pursued by an organization in order to maintain goodwill in its environment is referred to as

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A Human relations
B Public relations
C Personal relations
D Organizational set up

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Question 1385:

Which of the following organizations aims at providing relief for countries facing adverse balance of payment?

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A A.C.P
B G.A.T.T
C U.N.C.T.A.D
D I.M.F

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