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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2031:
Risk bearing in a business organisation is a function of the?
  • A Employees
  • B Entrepreneur
  • C Customer
  • D Manager
View Answer & Explanation
Question 2032:
the worth of a life assurance policy before its maturity date is?
  • A Residual value
  • B Surrender value
  • C Accrued value
  • D Assured value
View Answer & Explanation
Question 2033:
one disadvantage of advertising is that it
  • A Could be misleading
  • B Reduce sales
  • C Reduce profit
  • D Causes over stocking
View Answer & Explanation
Question 2034:
The business unit that applies the principle of one man one vote is?
  • A Sole proprietorship
  • B Partnership
  • C Co-operative society
  • D Public company
View Answer & Explanation
Question 2035:
the water corporation is an example of a?
  • A Cooperative
  • B Public enterprise
  • C Private enterprise
  • D Limited company
View Answer & Explanation