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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2051:

the value at which one country obtains another country's currency is?

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A Terms of trade
B Exchange rate
C Bank rate
D Terms of payment

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Question 2052:

specializing in the sale of one line of goods is the main feature of?

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A Supermarkets
B Chain stores
C Mail order firm
D Mobile shops

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Question 2053:

one objective of the European Union is to?

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A Fight the guilty nations in time of war
B Eliminate drug addiction among member countries
C Eliminate all tariffs and quotas among member countries
D Fight against child abuse in member countries

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Question 2054:

which of the following person is a part of a business internal environment

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A Employee
B Supplier
C Creditor
D Customer

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Question 2055:

a person or firm to whom money is owed is?

SchoolNGR Classroom

A Banker
B Guarantor
C Debtor
D Creditor

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