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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2086:
The duty payable on goods produced locally iis
  • A Export duty
  • B Excise duty
  • C Import duty
  • D Advalorem duty
View Answer & Explanation
Question 2087:
An overdraft is granted to holders of?
  • A Savings accounts
  • B Loan accounts
  • C Deposit accounts
  • D Current accounts
View Answer & Explanation
Question 2088:
The amount of capital used in the day-to-day running of a company is?
  • A Working capital
  • B Capital emplyed
  • C Share capital
  • D Fixed capital
View Answer & Explanation
Question 2089:
an example of an invisible item of trade is?
  • A Oil
  • B Shipping
  • C Machinery
  • D Textile
View Answer & Explanation
Question 2090:
in a hire purchase agreement, the buyer is the
  • A Agent
  • B Hirer
  • C Lesse
  • D Lessor
View Answer & Explanation