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Saturday, 14 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2261:
The saying that the 'consumer is always right' describes the doctrine of
  • A Caveat emptor
  • B Consumer sovereignty
  • C Consumer protection
  • D Proximate cause
View Answer & Explanation
Question 2262:
A disadvantage of privatization is that
  • A There is reduction in the quality of goods
  • B There is incipiency in the supply of goods
  • C The existence of monopoly is high
  • D The profit motive outweighs public interest
View Answer & Explanation
Question 2263:
The act of placing goods in glass shields in front of shops to attract passersby is
  • A Window display
  • B Trade fair
  • C Personal selling
  • D Sales promotion
View Answer & Explanation
Question 2264:
The practice of making a state firm more profit-oriented is
  • A Privatization
  • B Nationalization
  • C Deregulation
  • D Commercialization
View Answer & Explanation
Question 2265:
Trade fairs and exhibitions are media of
  • A Sales promotion
  • B Market segmentation
  • C Market research
  • D Customer service.
View Answer & Explanation