Commerce Past Questions And Answers
A source of business financing which involves pledging of a specific assets is?
- A. bond
- B. mortage
- C. debentures
- D. loan
which of the following is not a factor of production
- A. capital
- B. labour
- C. exchange
- D. entrepreneurship
A major merit of the retaining middlemen is to _______
- A. pay cash to the bank for manufacturers
- B. stock perishable goods
- C. regulate price for manufacturers
- D. stock goods produced by different manufacturer
Any paid form of non-presentation of goods services by an identified sponsor is known as?
- A. merchandising
- B. advertising
- C. publicity
- D. public relations
Explain five reasons for consumer protection, stating in each case one relevant government law aimed at the enforcement.
View Discussion (0)WAEC 1997 THEORYThe process of buying and selling and distribution of goods and services is known as?
- A. retail trade
- B. commerce
- C. marketing concept
- D. marketing mix
The sustainable growth of commerce is largely due to?
- A. marketing
- B. advertising
- C. exchange
- D. branding
Ade Company Limited has an authorized capital of 80,000 shares of N20 each, out of which 30,000 shares have been fully subscribed by the public and allotted as at 31st March 2006. Other assets and liabilities were:
Creditors 35,000
Motor van 90,000
Buildings 65,000
Stock 60,000
Debtors 15,000
Cash 5,000
You are required to calculate:
(a) Issued capital
(b) Unissued capital
(c) Total Assets
(d) Working capital.
View Discussion (0)WAEC 2012 THEORYThe organizational structure that relates the positions of specialist to the line mangers is called?
- A. line structure
- B. staff structure
- C. line and staff structure
- D. functional structure
The difference between cost and selling prices gives?
- A. Trading account
- B. net profit/loss
- C. gross profit or loss
- D. appropriation