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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 2271:
WAEC 2021
Commerce started as a result of ____________
SchoolNGR Classroom
  • A Competition
  • B Distribution
  • C Privatization
  • D Specialization
View Answer & Explanation
Question 2272:
WAEC 2021
The process of changing raw materials into finished goods is ____________
SchoolNGR Classroom
  • A Construction
  • B Extraction
  • C Manufacturing
  • D Marketing
View Answer & Explanation
Question 2273:
WAEC 2021
An example of a primary product is ____________
SchoolNGR Classroom
  • A Textile
  • B Palm oil
  • C Flour
  • D Cocoa
View Answer & Explanation
Question 2274:
WAEC 2021
The word ''limited" written after the name of a company means that
SchoolNGR Classroom
  • A It has a democratic system of management
  • B Members are liable to the extent of their shareholdings only
  • C The company is a going concern
  • D Profit is determined by management
View Answer & Explanation
Question 2275:
WAEC 2021
Which type of occupation is a carpenter engaged in?
SchoolNGR Classroom
  • A Commercial
  • B Construction
  • C Extraction
  • D Manufacturing
View Answer & Explanation

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