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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1781:
Which of the following is an example of large-scale retailing?
  • A Hawking
  • B Mobile shops
  • C Kiosks
  • D Department stores
View Answer & Explanation
Question 1782:
A cheque drawn by a bank on itself is a/an
  • A Direct debit
  • B Bank draft
  • C Bank transfer
  • D Overdraft
View Answer & Explanation
Question 1783:
A voluntary body formed by people in the same line of business for the purpose of protecting their interest is a
  • A Trade association
  • B Trade union
  • C Chamber of commerce
  • D Trading partnership
View Answer & Explanation
Question 1784:
Those who are engaged in the distribution of goods belong to
  • A Commercial occupation
  • B Extractive industry
  • C Manufacturing industry
  • D Construction industry
View Answer & Explanation
Question 1785:
When an insurance policy is declared void because of a false declaration ; the principle involved is
  • A Indemnity
  • B Subrogation
  • C Proximate cause
  • D Utmost good faith
View Answer & Explanation