Search SchoolNGR

Commerce Past Questions and Answers

[share]

Waec Commerce Questions

Question 256:

Which of the following is a retail outlet to eliminate the profit of middlemen?

SchoolNGR Classroom

A Producer co-operative
B Consumer co-operative
C Thrift and Credit Society
D Department store
E Multiple shop

View Answer & Explanation

Question 257:

The use of catalogues is associated with?

SchoolNGR Classroom

A Hawkers
B Roadside traders
C Mobile shops
D Chain stores
E Mail-order business

View Answer & Explanation

Question 258:

A documents which a retailer sends to a wholesaler requesting him to supply items is called?

SchoolNGR Classroom

A A letter of inquiry
B A catalogue
C An invoice
D An order
E A tender invoice

View Answer & Explanation

Question 259:

When a seller sends pro-forma invoice to a potential customer, it is?

SchoolNGR Classroom

A An indication that the seller is out of business
B An indication that the goods are out of stock
C A polite way of asking him to return the goods already purchased
D An invitation to the purchaser to buy on hire-purchase
E An indication that credit will not be granted

View Answer & Explanation

Question 260:

A merchant wholesaler is one who?

SchoolNGR Classroom

A Takes title to the goods he sells
B Does not own the goods he sells
C Earns a commision for serving as an agent
D Sometimes makes retail sales
E Engages in merchandizing

View Answer & Explanation

Stay Updated

Follow us on:

Subjects