Waec Commerce Past Questions

Question 21

Who among the following is not engaged in a commercial occupation

waec 1998

  • A. a stock brocker
  • B. an engineer
  • C. a banker
  • D. a common carrier
  • E. an advertising agent
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Question 22

The two main branches of trade are

waec 1998

  • A. commerce and aids to trade
  • B. home and foreign trade
  • C. foreign and entreport trade
  • D. whole sale and retail trade
  • E. visible and invisible trade
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Question 23

Which of the following is not a negotiable instrument?

waec 1998

  • A. Invoice
  • B. Money order
  • C. Cheque
  • D. Promissory note
  • E. Bill of exchange
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Question 24

Which of the following describes the marketing mix?

waec 1998

  • A. Distribution, production policy, promotion, pricing policy
  • B. Product planning, development , market research, price
  • C. Product, Price, place, development
  • D. Communication, advertising, pricing, promotion
  • E. Advertising, pricing, development, communication
View Answer and Explanation

Question 25

A document issued to a buyer showing the quantity description and prices of goods bought is called

waec 1998

  • A. a catalogue
  • B. an invoice
  • C. a price list
  • D. an order
  • E. an advice note
View Answer and Explanation