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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1511:
Which of the following is not a feature of a self-service store?
  • A It is found mainly in urban areas
  • B It offers steady employment opportunities
  • C Goods carry price tags
  • D It operates on a large floor space
View Answer & Explanation
Question 1512:
If a share is sold at a price below its face value, it is sold
  • A Above par
  • B At a discount
  • C At par
  • D At premium
View Answer & Explanation
Question 1513:
Mr Ojo buys a book from a bookseller and pays cash. The bookseller will issue him a
  • A Debit note
  • B Credit note
  • C Voucher
  • D Receipt
View Answer & Explanation
Question 1514:
A limited company can raise long term capital through the
  • A Commodity market
  • B Stock exchange market
  • C Export market
  • D Foreign exchnage market
View Answer & Explanation
Question 1515:
Which of the following is not a reason for dishonoring a cheque?
  • A Insufficient funds in drawer's account
  • B When the cheque is stale
  • C Amount in figure differs with amount in words
  • D Poor handwriting
View Answer & Explanation