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Commerce Past Questions and Answers
Classroom
Waec
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Question type:
Question type
Objective
Theory
Topics:
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Waec Commerce Questions
Question 2086:
WAEC 2017
The duty payable on goods produced locally iis
SchoolNGR Classroom
A
Export duty
B
Excise duty
C
Import duty
D
Advalorem duty
View Answer & Explanation
Question 2087:
WAEC 2017
An overdraft is granted to holders of?
SchoolNGR Classroom
A
Savings accounts
B
Loan accounts
C
Deposit accounts
D
Current accounts
View Answer & Explanation
Question 2088:
WAEC 2017
The amount of capital used in the day-to-day running of a company is?
SchoolNGR Classroom
A
Working capital
B
Capital emplyed
C
Share capital
D
Fixed capital
View Answer & Explanation
Question 2089:
WAEC 2017
an example of an invisible item of trade is?
SchoolNGR Classroom
A
Oil
B
Shipping
C
Machinery
D
Textile
View Answer & Explanation
Question 2090:
WAEC 2017
in a hire purchase agreement, the buyer is the
SchoolNGR Classroom
A
Agent
B
Hirer
C
Lesse
D
Lessor
View Answer & Explanation
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