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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1476:
Who among the following does not render direct service?
  • A Teachers
  • B Musicians
  • C Doctors
  • D Retailers
View Answer & Explanation
Question 1477:
A partnership cannot raise its capital by
  • A Selling shares to the public
  • B Personal contribution of partners
  • C Admission of new partners
  • D Undistributed profits
View Answer & Explanation
Question 1478:
Which of the following is not required in the mail order business?
  • A Warehouse
  • B Catalogue
  • C Display room
  • D Post office
View Answer & Explanation
Question 1479:
The staff responsible for the calculations of probability of losses in insurance is the
  • A Actuary
  • B Underwriter
  • C Broker
  • D Solicitor
View Answer & Explanation
Question 1480:
The rate at which the country's import exchanges for its export is known as
  • A Terms of trade
  • B Balance of trade
  • C Rate of exchange
  • D Terms of exchange
View Answer & Explanation