2009 WAEC Commerce past questions and answers

JAMB CBT App

Study offline with EduNgr JAMB CBT app that has so many features, including thousands of past questions, JAMB syllabus, novels, etc.


Install App

1
A person who invented a new machine for making beverages may protect his exclusive right by

A labelling the product

B obtaining a patent

C choosing a name for the product

D obtaining a trade mark



Correct Option: B


We're working to add a detailed solution for this question



2
Which of the following occupations come under the extractive industry? i. Cattle-rearing,lumbering,farming ii. Mining, quarrying, hunting iii.Ship building, road construction, iron bending iv. Singing, dancing, barbing

A i, ii and iii only

B i, ii and iv only

C i and ii only

D ii and iii only



Correct Option: C


We're working to add a detailed solution for this question



3
Which of the following is sent by a supplier who does not want to sell on credit?

A Pro forma invoice

B Consular invoice

C Quotation

D Advice note



Correct Option: A


We're working to add a detailed solution for this question



4
Retail outlets that have identical store design, layout and stock display are

A multiple shops

B tied shops

C mobile shops

D supermarkets



Correct Option: B


We're working to add a detailed solution for this question



5
Life assurance premium is determined by the assured's

A educational level

B age

C reputation

D number of children



Correct Option: B


We're working to add a detailed solution for this question



6
Which of the following is not a contract of indemnity

A Marine insurance

B Fire insurance

C Life Assurance

D Burglary insurance



Correct Option: C


We're working to add a detailed solution for this question



7
A stale cheque is one on which the date for payment is

A overdue

B yet to come

C missing

D due



Correct Option: A


We're working to add a detailed solution for this question



8
When an order cheque is endorsed it becomes a

A confirmed cheque

B bearer cheque

C dishonoured cheque

D cleared cheque



Correct Option: B


We're working to add a detailed solution for this question



9
The authority given to a bank to make regular payments on behalf of a customer is

A credit transfer

B bank endorsement

C standing order

D bank overdraft



Correct Option: C


We're working to add a detailed solution for this question



10
The taking over of privately owned businesses by the government is called

A indigenization

B commercialization

C nationalization

D privatization



Correct Option: C


We're working to add a detailed solution for this question





JAMB CBT APP

EduNgr JAMB CBT app that has thousands of past questions and answers, JAMB syllabus, novels, etc. And works offline!


Install App