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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1746:
The par value of a share is also known as its
  • A Premium price
  • B Market price
  • C Discount price
  • D Nominal price
View Answer & Explanation
Question 1747:
A cheque dated 15th March 2012, will become stale on
  • A 16th June 2012
  • B 16th July 2012
  • C 16th August 2012
  • D 16th September 2012
View Answer & Explanation
Question 1748:
Banks settle their indebtedness in the
  • A Discount house
  • B Stock exchange market
  • C Commercial bank
  • D Clearing house
View Answer & Explanation
Question 1749:
Which of the following distinguishes home trade from foreign trade?
  • A Payments are easily arranged
  • B Taxies are levied
  • C Goods have to be warehoused
  • D Middlemen are not required
View Answer & Explanation
Question 1750:
Before the advent of legal tender and credit instrument, which of the following was used as a medium of exchanged?
  • A Currency notes
  • B Cowries
  • C Cheques
  • D Bankdrafts
View Answer & Explanation