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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 166:

to inform the buyer that the goods are in transit,the seller sends him?

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A A quotation
B An invoice
C A debit note
D An advice note
E A credit note

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Question 167:

the main source of income for a limited liability company is?

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A Bank overdraft
B Government subsidy
C Undistributed profit
D Bank loan
E Share subscrptions

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Question 168:

the authorised capital of a company is also referred to as it's?

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A Called-up capital
B Issued capital
C Subscribed capital
D Nominal capital
E Unissued capital

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Question 169:

which of the following is an aspect of the marketing concept?

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A Product orientation
B Sales orientation
C Consumer orientation
D Mass production
E Mass distribution

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Question 170:

a study to discover consumers preferences and needs is called?

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A Marketing
B Consumer orientation
C Market research
D Marketing mix
E Market demand

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