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Wednesday, 11 November 2026
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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 276:
WAEC 1991
The main aim of the ECOWAS is the?
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  • A Elimination of aparthied
  • B Formation of West African High Command
  • C Formation of Government of West African States
  • D Promotion of economic and cultural interaction
  • E Promotion of ethnic and rural integration among members states
View Answer & Explanation
Question 277:
WAEC 1991
The consumer is always right. This describes the doctrine of?
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  • A Social responsibility
  • B Consumer movement
  • C Consumer sovereignty
  • D Consumer protection
  • E Caveat venditor
View Answer & Explanation
Question 278:
WAEC 1991
equity interest in a company is represented by?
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  • A Preference shares
  • B Retained earnings
  • C Debentures
  • D Bonds
  • E Ordinary shares
View Answer & Explanation
Question 279:
WAEC 1991
An organization chart shows the?
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  • A Relative position of employeesin a firm
  • B Customers position in a firm
  • C Order in which tasks should be tackled
  • D Specification of various jobs in a firm
  • E The profit position of the firm
View Answer & Explanation
Question 280:
WAEC 1991
A bill of exchange to which document of title are attached is known as?
SchoolNGR Classroom
  • A Documentary credit
  • B Certified bill
  • C Documentary bill
  • D Irrevocable bill
  • E Bill of lading
View Answer & Explanation

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