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Thursday, 02 April 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1981:
a house insured against damage by flood was burnt down and the owner had no claim. which of the following principles prevented him from making a claim
  • A Indemnity
  • B Contribution
  • C Insurable interest
  • D Proximate cause
View Answer & Explanation
Question 1982:
the market for short term security is called?
  • A Commodity market
  • B Discount market
  • C Money market
  • D Stock market
View Answer & Explanation
Question 1983:
which of the following principls stipulates that the insured must be in a position to suffer financial loss?
  • A Indemnity
  • B Proximate clause
  • C Insurable interest
  • D Subrogation
View Answer & Explanation
Question 1984:
when shares are sold ex-div it means the?
  • A Shares are sold at par price
  • B Buyer is entitle to the next dividend
  • C Shares are sold above par
  • D Seller has right to the next dividend
View Answer & Explanation
Question 1985:
turnover could be increased by
  • A Increasing prices and product differentiation
  • B Advertising and cutting prices
  • C Refusing credit and customer services
  • D Increasing the mark up and margin
View Answer & Explanation