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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2186:
Paper money originated in form of receipt given by?
  • A Money lenders
  • B Goldsmiths
  • C Bankers
  • D Traders
  • E Thrift societies
View Answer & Explanation
Question 2187:
An insurance broker is involved in?
  • A Manufacturing occupation
  • B Distributive occupation
  • C Commercial occupation
  • D Extractive occupation
  • E Constructive occupation
View Answer & Explanation
Question 2188:
The process of buying and selling and distribution of goods and services is known as?
  • A Retail trade
  • B Commerce
  • C Marketing concept
  • D Marketing mix
  • E Wholesale trade
View Answer & Explanation
Question 2189:
The practice of employing specialists in relevant occupation is a feature of?
  • A Subsistence economy
  • B Mobility of labour
  • C Mixed economy
  • D Exchange economy
  • E Division of labour
View Answer & Explanation
Question 2190:
Which of the following convert raw materials into finished goods?
  • A Extractive industry
  • B Manufacturing
  • C Commercial occupation
  • D Constructive industry
  • E Tertiary industry
View Answer & Explanation