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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2276:
The reward for land as a factor of production is
  • A Wage
  • B Rent
  • C Profit
  • D Interest
View Answer & Explanation
Question 2277:
Which of the following businesses can raise capital through the stock exchange?
  • A Sole proprietorship
  • B Private company
  • C Public company
  • D Cooperative society
View Answer & Explanation
Question 2278:
A group of people representing a cross-section of business interests in an area is
  • A Chamber of commerce
  • B Consumers' association
  • C Employers association
  • D Manufacturers' association
View Answer & Explanation
Question 2279:
One of the disadvantages of selling on credit is
  • A Reduction in turnover
  • B Reduction in profit
  • C Increase in liquidity
  • D Bad debts
View Answer & Explanation
Question 2280:
A number of shops under one roof is a
  • A Chain store
  • B Department store
  • C Discount store
  • D Unit store
View Answer & Explanation