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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 226:

The method by which insurance companies spread their risk to other insurance companies is called?

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A Double insurance
B Under-insurance
C Re - insurance
D Over- insurance
E Underwriting

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Question 227:

QWhen a number of insurers are liable under one given policy, the principle of insurance that applies is/

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A Indemnity
B Subrogation
C Abandonment
D Contribution
E Proximate cause

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Question 228:

The interplay of such variables as product, price, distribution and promotion is known as?

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A The distribution mix
B Market segmentation
C The market mix
D The marketing concept
E Produce mix

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Question 229:

Which of the following refers to sale promotion?

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A Non- personal presentation of a product
B Offering free samples of products
C Providing information about a company and its product
D Direct contact with the ultimate buyer
E Gathering information about a product

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Question 230:

Which shares are sold Ex-div it means that the?

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A Buyer is entitled to any dividend which may be declared
B Shares are sold at per
C Shares are sold at a premium
D Sellers has the right to the next dividend
E Shares are sold at a loss

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