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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1481:
Where a limited partner exists in a partnership
  • A No active partner is needed
  • B Other partners must be nominal
  • C At least one ordinary partner must be there
  • D At least one member must be a legal practitioner
View Answer & Explanation
Question 1482:
Which of the following was not used as a medium of exchange by the early Europeans that came to West Africa?
  • A Pounds and shillings
  • B Copper manillas
  • C Iron bars
  • D Cowries
View Answer & Explanation
Question 1483:
Which of the following was not used as a medium of exchange by the early Europeans that came to West Africa?
  • A Pounds and shillings
  • B Copper manillas
  • C Iron bars
  • D Cowries
View Answer & Explanation
Question 1484:
The ancillary to trade which ensures that people gain access to facts pertaining to goods is
  • A Insurance
  • B Advertising
  • C Warehousing
  • D Banking
View Answer & Explanation
Question 1485:
Which of the following is classified as an extractive industry ?
  • A Digging for minerals
  • B Digging for roads building
  • C Canning of Tomatoe puree
  • D Assembling of cars
View Answer & Explanation