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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1676:
Which of the following is not true of the stock exchange?
  • A It is a commodity market
  • B It provides market for trading on shares
  • C Government and companies raise fund through it
  • D It provides professional advice on investment
View Answer & Explanation
Question 1677:
A cheque issued in January 1997 which the holder failed to present for payment until September 1997 is called a
  • A Traveller's cheque
  • B Post-dated cheque
  • C Stale cheque
  • D Crossed cheque
View Answer & Explanation
Question 1678:
When the buyer of an existing share is to receive the pending dividend, the price is
  • A Cum div
  • B Ex-div
  • C At par
  • D At a discount
View Answer & Explanation
Question 1679:
What is the name of a service where a bank makes regular payment on behalf of its customers
  • A Direct debit
  • B Credit transfer
  • C Standing order
  • D Bank draft
View Answer & Explanation
Question 1680:
The enterprise whose main objective is to provide the public with essential services is known as
  • A Cooperative society
  • B Partnership
  • C Private company
  • D Public corporation
View Answer & Explanation