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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1761:
The completion of the production process by grading and branding of goods is a function of the
  • A Transporter
  • B Wholesaler
  • C Retailer
  • D Consumer
View Answer & Explanation
Question 1762:
The development of commerce was encouraged by the desire to
  • A Get goods and services of others
  • B Work with others
  • C Create wealth for the nation
  • D Satisfy all wants and needs
View Answer & Explanation
Question 1763:
Which of the following is not a member of the Lake Chad Basin Commission
  • A Nigeria
  • B Chad
  • C Gabon
  • D Cameroun
View Answer & Explanation
Question 1764:
A false statement made by one party with an intention of inducing to enter into a contract with him is known as
  • A Misrepresentation
  • B Legal capacity
  • C Consensus ad idem
  • D Consideration
View Answer & Explanation
Question 1765:
The essence of adopting marketing concept by a firm is the recognition that goods and services have no values unless they are
  • A Desirable to customers
  • B Company oriented
  • C Beautifully packaged
  • D Profit oriented
View Answer & Explanation