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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1836:
(a) Differentiate between Nationalization and Indigenization.
(b) State six reasons why a country would indigenize some industries.
    View Answer & Explanation
    Question 1837:
    A document used as a polite way of refusing credit is
    • A Advice note
    • B Quotation
    • C Proforma invoice
    • D Invoice
    View Answer & Explanation
    Question 1838:
    A document used as a polite way of refusing credit is
    • A Advice note
    • B Quotation
    • C Proforma invoice
    • D Invoice
    View Answer & Explanation
    Question 1839:
    Carriage forward on an invoice means
    • A Carriage will be paid next time
    • B Carriage will be paid by seller
    • C Carriage will be paid by buyer
    • D Carriage has been paid
    View Answer & Explanation
    Question 1840:
    Which of the following will be suitable for hire purchase sale?
    • A Shares
    • B Refrigerator
    • C Shoes
    • D Textile
    View Answer & Explanation