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Thursday, 02 April 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1926:
An amount paid by a bull who wishes to defer the purchase of shares to the next accounting period is
  • A Brokerage
  • B Backwardation
  • C Contango
  • D Commission
View Answer & Explanation
Question 1927:
Foreign trade is concerned with
  • A Exchange of goods and services among companies
  • B Buying and selling of imported goods
  • C Exchange of goods and services among citizens
  • D Buying and selling of goods and services among countries
View Answer & Explanation
Question 1928:
The distribution of goods creates
  • A Time utility
  • B Place utility
  • C Form utility
  • D Possession utility
View Answer & Explanation
Question 1929:
The documents issued by the Registrar of companies which allows a public company to commence business is called
  • A Trading certificate
  • B Prospectus
  • C Certificate of incorporation
  • D Memorandum of association
View Answer & Explanation
Question 1930:
A cheque bearing a date showing that it was issued more than six months ago is termed a
  • A Blank cheque
  • B Bearer cheque
  • C Stale cheque
  • D Order cheque
View Answer & Explanation