Commerce Past Questions And Answers
1931
Trading position of Nigeria is the same as her
- A. desire to trade with many countries
- B. willingness to grant credit to foreigners
- C. balance of trade
- D. terms of trade
1932
Which of the following service is rendered by the Central Bank?
- A) Provision of brokerage service
- B) safekeeping of cash and other valuable
- C) discounting bills of exchange
- D) issuing currency notes
1933
The focal point of marketing is?
- A. the competitior
- B. the buyer
- C. profit-making
- D. sales
1934
List and explain five problems associated with international trade.
View Discussion (0)WAEC 2004 THEORY1935
Tourists with no fixed address in a town may receive their letters from post office through a
- A. poste restante
- B. parcel post
- C. private mail bag
- D. recorded delivery
1936
which of the following statement is true of a debenture?
- A. its holders receive interest
- B. it forms part of a company's authorized capital
- C. its owners are co-owners of the company
- D. its owners control the company
1937
When the cost of sales is divided by the average stock, the result is?
- A. gross profit
- B. net profit
- C. rate of turnover
- D. working capital
1938
Printed messages sent by cable are recorded as
- A. telegram
- B. SMS
- C. telex
- D. MMS
1939
Which of the following deals with the problems involved in selling of a particular product?
- A. Market research
- B. Market segmentation
- C. Market sharing
- D. Marketing research
1940
Industrial, commercial and direct services are branches of
- A. manufacturing
- B. occupation
- C. exchange
- D. distribution

