Waec Commerce Past Questions For Year 1996
Question 91
One of the demerits of sole trading is
- A. quick decision taking
- B. flexibility in operation
- C. unlimited liability
- D. pride of ownership
- E. ease of commencement
Question 92
Which of the following are functions of marketing?
- A. Buying, fnancing, selling and transporting
- B. Sorting, grading, managing and storage
- C. Risk-bearing, storage, production and promotion
- D. Organizing, risk-bearing, transporting and storage
- E. Production, promotion, distribution and pricing
Question 93
Dumping means selling goods abroad
- A. at a lower price than in the home market
- B. at a higher price than in the home market
- C. at the same price as in the home market
- D. on credit in the foreign market
- E. for ready cash in the foreign market
