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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1401:
Which of the following is not provided by the post office?
  • A Recorded delivery service
  • B Business reply service
  • C Express delivery service
  • D After sales service
View Answer & Explanation
Question 1402:
Which of the following is not a principle of insurance
  • A Indemnity
  • B Insurable risk
  • C Subrogation
  • D Insurable interest
View Answer & Explanation
Question 1403:
Which of the following terms is used in marine insurance when the cargo suffers partial loss?
  • A General Average
  • B Particular Average
  • C Floating Policy
  • D Open Cover
View Answer & Explanation
Question 1404:
Which of the following is not a function of money?
  • A Double coincidence of wants
  • B Medium of exchange
  • C Measure of value
  • D Store of wealth
View Answer & Explanation
Question 1405:
Which of the following is true of rail transport?
  • A Suitable for perishable goods
  • B Cheaper over long distances
  • C It does not require trans-shipment of goods
  • D Has no fixed route
View Answer & Explanation