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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1751:
When C.I.F is quoted on an invoice, it means that the price includes the
  • A Cost of goods only
  • B Cost of insurance only
  • C Cost of carriage only
  • D Cost, insurance and carriage
View Answer & Explanation
Question 1752:
Encouraging a high quality of members' products through the circulation of research information is a function of
  • A Manufacturers Association
  • B Trade Union
  • C Employers Association
  • D Consumers Association
View Answer & Explanation
Question 1753:
A voluntary association of business executives within a locality is known as
  • A Trade Union
  • B Consumers' Association
  • C Chamber of Commerce
  • D Trade Association
View Answer & Explanation
Question 1754:
Which of the following is not a function of Ports Authority?
  • A Providing facilities for loading and off-loading of vessels
  • B Collection of dock dues
  • C Providing enough ships for the country
  • D Dredging of harbours
View Answer & Explanation
Question 1755:
Using symbols, letters, name or combination of these by a company to distinguish its products is
  • A Product cycle
  • B Marketing mix
  • C Trade mark
  • D Market segmentation
View Answer & Explanation