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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1531:
A specialist on the stock exchange who buys and sells securities in his own name is a
  • A Stag
  • B Bull
  • C Broker
  • D Jobber
View Answer & Explanation
Question 1532:
A document showing that a person has shipped certain goods through a named ship is
  • A Bill of lading
  • B Bill of exchange
  • C Dock warrant
  • D Bill of entry
View Answer & Explanation
Question 1533:
(a) Explain six functions of wholesalers to manufacturers
(b) State four problems that a cooperative society may likely face.
    View Answer & Explanation
    Question 1534:
    (a) Explain five advantages of large scale retailing
    (b) State five characteristics of each of the following:
    (i) Department Stores
    (ii) Supermarkets.
      View Answer & Explanation
      Question 1535:
      (a) What is balance of payments?
      (b) List and explain six methods used in correcting an adverse balance of payment.
        View Answer & Explanation