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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1626:

The internal regulations of a limited company are stated in the

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A Memorandum of Association
B Certificate of Incorporation
C Articles of Association
D Share certificate

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Question 1627:

Which of the following features is common to all retailers

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A Opearting as sole-proprietors
B Selling to the final consuumers
C Operating with small capital
D Selling on hire purchase to consumers

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Question 1628:

A private limited company differs from a public limited company because it

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A Offers rights issues to existing shareholders
B Has a separate entity from the owners
C Cannot easily transfer shares
D Declares dividend

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Question 1629:

Exchange is facilitated by

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A Taxation
B Quotas
C Specialization
D Good supervision

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Question 1630:

Which of the following is not a means of transportation by water

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A Canoes
B Launches
C Tramps
D Carts

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