Waec Commerce Past Questions
Question 1976
Consumers could be encouraged to purchase a company's products through
- A. research
- B. planning
- C. distribution
- D. advertisement
Question 1977
The commission on a postal order is
- A. tariff
- B. poundage
- C. brokerage
- D. fee
Question 1978
The purpose of commercialization is to
- A. make state-owned firms more efficient
- B. enable state-owned firms pay tax
- C. encourage the flow of foreign capital
- D. encourage greater participation of the private sector
Question 1979
The act of removing government laws and allowing market forces to determine prices is
- A. commercialization
- B. deregulation
- C. divestiture
- D. privatization
Question 1980
The law by which a seller transfers the property in goods to a buyer at an agreed price is the
- A. Weights and Measures Act
- B. Trade Description Act
- C. Sale of Goods Act
- D. Foods and Drugs Act
