2017 WAEC Commerce past questions and answers

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1

commercial activities recieved a great boost in west A frica due to contact with?

A Asians

B Europeans

C Americans

D Africans



Correct Option: B


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2

The job of the polic in keeping law and order in the society is?

A a commercial service

B an indirect service

C a direct service

D a self service



Correct Option: B


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3

A business which becomes insolvent may result in 

A continuity

B expansion

C liquidation

D re-incorporation



Correct Option: C


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4

which of the follwing does not belong to the extractive occupation?

A quarrying

B carving

C mining

D agriculture



Correct Option: B


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5

The major division of commerce are?

A import, export and transportation

B trade, communication and warehouse

C import, trade and production

D trade and auxiliaries to trade



Correct Option: D


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6

A memorandum of association is a document 

A defining a company's relationship with the public

B inviting the public to buy a company's shares

C governing the affairs of the partnership

D regulating a company's internal affairs



Correct Option: A


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7

The main purpose of branding is to?

A increase the quantity of goods demanded

B increase the selling price of goods

C differentiate goods from other similar goods

D enhance turnover of goods



Correct Option: C


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8

The facility which is not provide by the port authority is?

A berth

B warehouse

C tarmac

D cranes



Correct Option: C


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9

A cheque could be dishonoured as a result of?

A same amount in words and figure

B insufficient fund

C general crossing

D regular signature



Correct Option: B


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10

when a company sells shares to existing shareholders at preferential rate, this is

A a right issue

B bonus issue

C private placing

D issue by introduction



Correct Option: A


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