Waec Commerce Past Questions For Year 2021

Question 6

A number of shops under one roof is a

waec 2021

  • A. chain store
  • B. department store
  • C. discount store
  • D. unit store
View Answer and Explanation

Question 7

One of the disadvantages of selling on credit is

waec 2021

  • A. reduction in turnover
  • B. reduction in profit
  • C. increase in liquidity
  • D. bad debts
View Answer and Explanation

Question 8

Which of the following businesses can raise capital through the stock exchange?

waec 2021

  • A. Sole proprietorship
  • B. Private company
  • C. Public company
  • D. Cooperative society
View Answer and Explanation

Question 9

The reward for land as a factor of production is

waec 2021

  • A. wage
  • B. rent
  • C. profit
  • D. interest
View Answer and Explanation

Question 10

Which type of occupation is a carpenter engaged in?

waec 2021

  • A. Commercial
  • B. Construction
  • C. Extraction
  • D. Manufacturing
View Answer and Explanation