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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1986:
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
Question 1987:
commerce started as a result of?
  • A Speculation
  • B Consumption
  • C Specialization
  • D Nationalization
View Answer & Explanation
Question 1988:
which of the following is used for making payments to many people in a single cheque
  • A Debit transfer
  • B Certified cheque
  • C Bank draft
  • D Credit transfer
View Answer & Explanation
Question 1989:
equity interest in a company is represented by?
  • A Preference shares
  • B Dividend
  • C Debenture
  • D Ordinary shares
View Answer & Explanation
Question 1990:
when two insurers are liable under a given common policy, the principle of insurance that applies is?
  • A Indemnity
  • B Subrogation
  • C Proximate clause
  • D Contribution
View Answer & Explanation