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Thursday, 02 April 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2006:
(a) State five reasons for the presence of the customs and excise authority at seaports.
(b) Explain five functions of airport authority
    View Answer & Explanation
    Question 2007:
    (a) Explain five reasons for which manufacturers advertise their products.
    (b) State five reasons for the continued criticism of advertising.
      View Answer & Explanation
      Question 2008:
      (a) What is a contract?
      (b) List and explain four ways by which a contract can be discharged.
        View Answer & Explanation
        Question 2009:
        (a) State five reasons for governments participation in business
        (b) Explain five problems encountered by government businesses.
          View Answer & Explanation
          Question 2010:
          where a number of insurance companies are liable under one policy, the principle applicable is ?
          • A Subrogation
          • B Contribution
          • C Indemnity
          • D Utmost good faith
          View Answer & Explanation