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Wednesday, 11 November 2026
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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 176:
WAEC 1990
the main purpose of establishing a public corporation is to?
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  • A Make profit
  • B Provide employment
  • C Provide essential services
  • D Compete with entrepreneurs
  • E Establish a monopoly
View Answer & Explanation
Question 177:
WAEC 1990
a document that regulates the internal operations of a company is known as?
SchoolNGR Classroom
  • A Memorandum of association
  • B Articles of association
  • C Prospectus
  • D Certificate of incorporation
  • E Certificate of trading
View Answer & Explanation
Question 178:
WAEC 1990
which of the following is not a reason for imposing a tariff? to
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  • A Correct an adverse balance of payments
  • B Raise revenue for the government
  • C Encourage imports
  • D Protect infant industries
  • E Encourage the consumption of home-produced goods
View Answer & Explanation
Question 179:
WAEC 1990
customs duties are?
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  • A Excise duties
  • B Dock dues
  • C Customary dues
  • D Customs officers'' duties
  • E Import tariffs
View Answer & Explanation
Question 180:
WAEC 1990
which of the following documents transfers title to goods?
SchoolNGR Classroom
  • A Bill of exchange
  • B Treasure bill
  • C Bill of lading
  • D Bill of sight
  • E Bill of sale
View Answer & Explanation

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