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Thursday, 02 April 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1931:
A system of buying products from a machine is known as
  • A Impulse buying
  • B Branding
  • C Automatic vending
  • D Loss leader
View Answer & Explanation
Question 1932:
Carpentry is an activity classified under
  • A Extractive occupation
  • B Tertiary occupation
  • C Commercial occupation
  • D Constructive occupation
View Answer & Explanation
Question 1933:
A system of buying goods by an agent where the supplier is determined by the principal is
  • A Tied shop
  • B Closed shop indent
  • C Open indent
  • D Ring trading
View Answer & Explanation
Question 1934:
One of the functions of a central bank is to
  • A Perform supervisory role among all the banks in the country
  • B Provide the means of payment to individuals
  • C Ensure the smooth transfer of shares
  • D Accept private deposits
View Answer & Explanation
Question 1935:
The issue of Certificate of Incorporation to a company means that it has
  • A Started production
  • B Legally come into being
  • C Appointed a board of directors
  • D Merged with another company
View Answer & Explanation