Search SchoolNGR

Thursday, 02 April 2026
Register . Login

Commerce Past Questions and Answers

Waec Commerce Questions

Question 1916:
Consumer protection council places an obligation on producers to ensure that their products
  • A Are wholesome and safe
  • B Are cheap
  • C Do not evade customs examination
  • D Are branded
View Answer & Explanation
Question 1917:
The target of all marketing activities is the
  • A Consumer
  • B Middleman
  • C Producer
  • D Distributor
View Answer & Explanation
Question 1918:
Small-scale retailers continue to exist in spite of the dominance of large firms because they
  • A Render personal service
  • B Employ few salesmen
  • C Can raise large capital from relatives
  • D Deal in specific goods
View Answer & Explanation
Question 1919:
Buildings and machinery purchased for use in business are examples of
  • A Current assets
  • B Fixed assets
  • C Capital employed
  • D Paid up capital
View Answer & Explanation
Question 1920:
The throwing of goods over board to prevent a ship from sinking is known as
  • A Floatsam
  • B Abandonement
  • C Jettison
  • D Particular average
View Answer & Explanation