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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 286:

A facility used for impressing pre-paid postage rate on letters is called?

SchoolNGR Classroom

A Vending machine
B Speed post
C Recorded delivery services
D Cash register
E Franking machine

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Question 287:

Which of the following ensures that manufactured goods conform to the required standard?

SchoolNGR Classroom

A Nigerian Industrial Research Centre
B Standard Organization of Nigeria
C Consumer Consultative Committee
D Price Control Board
E Indigenization Decree

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Question 288:

Which of the following enjoins the buyers ti examine goods thoroughly beforeigeria making a purchase?

SchoolNGR Classroom

A Uberrimae fidei
B Caveat subscriptor
C Consumer sovereignty
D Caveat venditor
E Standard for deferred payment

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Question 289:

Which of the following enjoins the buyers ti examine goods thoroughly beforeigeria making a purchase?

SchoolNGR Classroom

A Uberrimae fidei
B Caveat subscriptor
C Consumer sovereignty
D Caveat venditor
E Standard for deferred payment

View Answer & Explanation

Question 290:

Which of the following is not a function of money?

SchoolNGR Classroom

A Unit of account
B Store of value
C Determinant of exchange of medium
D Medium of exchange
E Standard for deferred payment

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