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Thursday, 02 April 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1911:
Which of the following is a function of marketing department in a firm?
  • A Add value to goods and services
  • B Protect those who engage in business transactions
  • C Initiate general policies in the organization
  • D Handle all staff masters in the system
View Answer & Explanation
Question 1912:
An individual or company that engages in the transportation of any type of goods for a fee is called a
  • A Common carrier
  • B Hawker
  • C Porter
  • D Clearing agent
View Answer & Explanation
Question 1913:
Debentures which are secured by the fixed assets of a company are called
  • A Mortgaged Debenture
  • B Naked Debenture
  • C Redeemable debenture
  • D Irredeemable Debenturs
View Answer & Explanation
Question 1914:
The central bank sometimes calls for special deposits from the commercial banks in order to
  • A Reduce bank lending
  • B Increase bank lending
  • C Withraw defaced currencies
  • D Issue notes and coins
View Answer & Explanation
Question 1915:
A principal member of the stock exchange who buys and sells securities on his own is a
  • A Jobber
  • B Promoter
  • C Broker
  • D Speculator
View Answer & Explanation