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Monday, 15 June 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 36:
The amount of new capitals with which a new company proposes to be registered is called?
  • A Called-up capital
  • B Nominal capital
  • C Fixed capital
  • D Issued capital
  • E Circulating capital
View Answer & Explanation
Question 37:
The part of business capital with which capital that does not change its form in the process of production is known as?
  • A Circulating capital
  • B Nominal capital
  • C Liquid capital
  • D Fixed capital
  • E Working capital
View Answer & Explanation
Question 38:
Which of the following is gilt-edge security?
  • A Government bonds and stocks
  • B Gold mine stocks
  • C Company shares and stocks
  • D Life assurrance policy
  • E Bank stocks and securities
View Answer & Explanation
Question 39:
Pure profits is the elements of the paid?
  • A For land
  • B For capital
  • C A manager
  • D To an enterpreneur
  • E For labour
View Answer & Explanation
Question 40:
The factor of production which is described as wealth set aside for the the production of further wealth is called?
  • A Emterpreneur
  • B Land
  • C Capital
  • D Goodwill
  • E Labour
View Answer & Explanation