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Wednesday, 11 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 331:
When payments is required for goods at the time order is placed, the term of payment quoted is?
  • A C.O.D
  • B C.W.O
  • C C.I.F
  • D F.O.R
  • E F.O.B
View Answer & Explanation
Question 332:
The provision of all kinds of services is related to?
  • A Primary production
  • B Secondary production
  • C Territorial production
  • D Construction
  • E Tertiary production
View Answer & Explanation
Question 333:
Which of the following is the primary purpose of a business concern? To
  • A Make maximum profit for itself and the share holders
  • B Provide goods and services to customers at a profit for itself and shareholders
  • C Supply essential commodities at a profit
  • D Make a goods and services available to the poor at a profit
  • E Ensure even development of a country
View Answer & Explanation
Question 334:
When a motor dealer undertakes routine maintenance of costumers' vehicles, he is offering?
  • A Self - service
  • B Pre - sales services
  • C After - sales service
  • D Automobile service
  • E Free service
View Answer & Explanation
Question 335:
Which of the following has the main objective to differentiate between similar products from different manufacturers?
  • A Branding
  • B Wrapping
  • C Packaging
  • D Mark up
  • E Display
View Answer & Explanation