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Saturday, 14 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2191:
Which of the following support the view that there was commerce in Nigeria many years ago?
  • A The economy was consistent
  • B Specialization was minimal
  • C Cowries were used as money
  • D Horses wee used as means of transportation
  • E Communities were interdependent
View Answer & Explanation
Question 2192:
Which of the following towns was important to the trans-Saharan traders?
  • A Enugu
  • B Oyo
  • C Llorin
  • D Kaduna
  • E Kano
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Question 2193:
Production ends when goods?
  • A And services are used by the producer
  • B Are packed and labelled
  • C Are sold in the market
  • D And services reach the final user
  • E Are advertised to the consumers
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Question 2194:
A counter offer operates as?
  • A An acceptance
  • B An offer
  • C A rejection
  • D An agreement
  • E A contract
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Question 2195:
Commerce is defined as
  • A Buying and selling of goods and services only
  • B All activities in the distribution and exchange of goods and services
  • C All activities involved in the production of goods and services
  • D Transporting and warehousing of goods only
View Answer & Explanation