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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1421:
The printing of catalogs is one of the costs associated with the operation of
  • A Tied shops
  • B Mobile shops
  • C Mail order shops
  • D Department stores
View Answer & Explanation
Question 1422:
Labour and entrepreneur are examples of
  • A Factors of production
  • B Division of labour
  • C Direct services
  • D Primary production
View Answer & Explanation
Question 1423:
House builders belong to
  • A Manufacturing industry
  • B Constructive industry
  • C Commercial occupation
  • D Tertiary occupation
View Answer & Explanation
Question 1424:
Which of the following groups of activities are commercial services
  • A Manufacturing, weaving and storing
  • B Vending, purchasing and banking
  • C Advertising, farming and harvesting
  • D Fishing, constructing and transporting
View Answer & Explanation
Question 1425:
The price quotation where the buyer uses his own means to collect goods from the producer's warehouse is
  • A F.O.B
  • B Ex-works
  • C F.A.S
  • D F.O.R
View Answer & Explanation