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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2146:
The functions of money do not include
  • A Store of value
  • B Medium of exchange
  • C Double coincidence of wants
  • D Means of deferred payment
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Question 2147:
A document of title to goods written by the ship owner specifying that certain goods are being conveyed in the ship is the?
  • A Bill of sale
  • B Bill of sight
  • C Bill of entry
  • D Bill of lading
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Question 2148:
informative advertisig is aimed at?
  • A Giving advice on the use of a product
  • B Influencing customers to buy a product
  • C Giving gifts to attract customers
  • D Encouraging specific customers to buy a product
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Question 2149:
A cheap means of carrying bulky goods over long distance is by?
  • A Rail
  • B Road
  • C Air
  • D Pipeline
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Question 2150:
A contract terminated by the occurence of an event which makes performance impossible is discharged by?
  • A Breach
  • B Agreement
  • C Frustration
  • D Performance
View Answer & Explanation