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Wednesday, 11 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 486:
The organization that aims at protecting the business interest of a particular area is the?
  • A Trade Asociation
  • B Manufacturing Association of Nigeria
  • C Chamber of Commerce
  • D Confederation of industrialists
  • E Trade Union
View Answer & Explanation
Question 487:
A group of persons that agrees to pool its resources to achieve a particular objective is known as?
  • A Consortium
  • B Holding company
  • C Cartel
  • D Trust
  • E Subsidiary company
View Answer & Explanation
Question 488:
A group of persons that agrees to pool its resources to achieve a particular objective is known as?
  • A Consortium
  • B Holding company
  • C Cartel
  • D Trust
  • E Subsidiary company
View Answer & Explanation
Question 489:
(a) Describe any four features of a multiple shop.
(b) Give any four reasons why small scale retailing is common in Nigeria.
    View Answer & Explanation
    Question 490:
    (a) State any four sources of capital for a public limited company.
    (b) Explain any four advantages and disadvantages respectively of converting a business into a public limited company.
      View Answer & Explanation