Commerce Past Questions And Answers
1431
Who among the following does not render direct service?
- A. Teacher
- B. Musician
- C. Doctor
- D. Retailer
1432
The mode of transportation that is noted for on time dependability and low cost peer unit on gods carried is?
- A. pipe line
- B. air
- C. rail
- D. road
1433
Farming is an activity that falls under?
- A. tertiary occupation
- B. commercial occupation
- C. extractive occupation
- D. secondary occupation
1434
The practice of selling goods in foreign countries at lower prices than obtainable int he exporting country is known as
- A. entrepot trade
- B. dumping
- C. hedging
- D. counter trade
1435
The below chart represents the

- A. promotion mix relationship
- B. marketing mix relationship
- C. advertising mix relationship relationship
- D. product mix relationship
1436
The letters R/D on a cheque shows that the cheque is
- A. paid
- B. dishonoured
- C. certified
- D. accepted
1437
Which of the following is not an economic grouping
- A. Lake Chad Basin Commission
- B. Economic Community of West African States
- C. European Union
- D. International Monetary Fund
1438
(a) Explain six functions of wholesalers to manufacturers
(b) State four problems that a cooperative society may likely face.
View Discussion (0)WAEC 2007 THEORY1439
Money spent on acquiring vehicles, furniture and fittings by a manufacturing company is termed
- A. Circulation capital
- B. working capital
- C. fictitious capital
- D. fixed capital
1440
The Nigerian Stock Exchange consist of
- A. primary and secondary -tier market
- B. commercial and mortgage market
- C. secondary and primary market
- D. money and commodities market

