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Saturday, 14 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2151:
An individual employed to act on behalf of another within a specified guideline is?
  • A A jobber
  • B An agent
  • C A broker
  • D A distributor
View Answer & Explanation
Question 2152:
which of the following is not a component of the marketing mix
  • A Price
  • B Place
  • C Population
  • D Product
View Answer & Explanation
Question 2153:
A method of buying in anticipation of price fluctuation in the commodity market is?
  • A Speculation
  • B Arbitrage
  • C Contango
  • D Hedging
View Answer & Explanation
Question 2154:
A shipping document detailing the charges for carrying a particular cargo for a specified voyage is?
  • A Dock warrant
  • B Freight note
  • C Bill of lading
  • D Mate's receipt
View Answer & Explanation
Question 2155:
commercial agents who are authorized to keep goods untill they are sold are?
  • A Factors
  • B Distributors
  • C Brokers
  • D Auctioneers
View Answer & Explanation