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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 351:

Which of the following functions is not performed by as small retailer?

SchoolNGR Classroom

A Selling in units to consumers
B Financing producers
C Buying from wholesaler
D Selling goods on credits
E Stocking a variety of goods

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Question 352:

Which of the following functions is not performed by as small retailer?

SchoolNGR Classroom

A Selling in units to consumers
B Financing producers
C Buying from wholesaler
D Selling goods on credits
E Stocking a variety of goods

View Answer & Explanation

Question 353:

Which of the following products is likely to have a low rate of turnover?`

SchoolNGR Classroom

A Foodstuff
B Ball-pen
C Soap and Detergent
D Furniture
E Newspaper

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Question 354:

Which of the following markets functions involves the actual movement of goods?

SchoolNGR Classroom

A Exchange function
B Distribution function
C Facilitating function
D Marketing information function
E Stimulation function

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Question 355:

The abbreviation ECOWAS stands for?

SchoolNGR Classroom

A Economic Community of West African States
B Economic Communion of West African States
C Economic Council Of West African States
D Economics Council of West African States
E Economics Cooperation of west African States

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