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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2301:
One of the qualities of tradable goods is ____________
  • A Divisibility
  • B Heterogeneity
  • C Homogeneity
  • D Perishability
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Question 2302:
Which of the following instruments of payment could be used in international trade?
  • A Promissory note
  • B B. Postal order
  • C I. O.U
  • D Bill of exchange
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Question 2303:
Differentiate between a merger and an acquisition.
Explain five ways commerce is important in the life of a nation
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    Question 2304:
    Differentiate between the following pairs of terms: (i) Interest and profit: (ii) Share and denture (iii) Ordinary share and preference share (iv)Cumulative preference share and participating preference share (v) Cum div and ex div
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      Question 2305:
      (a) State four functions of Money:
      (b)Explain how the following operators function on a stock exchange
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