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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1996:
WAEC 2015
A tax charged in proportion to the value of imported goods is?
SchoolNGR Classroom
  • A Specific duty
  • B Ad valorem
  • C Custom duty
  • D Excise duty
View Answer & Explanation
Question 1997:
WAEC 2015
which of the following is a reason for failure of public corporations
SchoolNGR Classroom
  • A Legal requirement
  • B Inadequate funding
  • C Political stability
  • D Lack of competion
View Answer & Explanation
Question 1998:
WAEC 2015
which of the following is a document of title of goods
SchoolNGR Classroom
  • A Bill of exchange
  • B Bill of entry
  • C Letter of hypothecation
  • D Bill of lading
View Answer & Explanation
Question 1999:
WAEC 2015
the fee paid for transporting goods by ship is
SchoolNGR Classroom
  • A Fare
  • B Freight
  • C Demurrage
  • D Charges
View Answer & Explanation
Question 2000:
WAEC 2015
The minimum lending rate of a bank is a component of its
SchoolNGR Classroom
  • A Current assets
  • B Debit balances
  • C Credit balance
  • D Fixed assets
View Answer & Explanation

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