Commerce Past Questions And Answers
The management and control of co-operative societies are in the hands of the
- A. contributors
- B. Board of Directors
- C. Committee
- D. Financial controller
An association that mobilizes the savings of members and channels them to needy members is known as
- A. Consumer Co-operative
- B. Producer Co-operative
- C. Thrift and Credit Co-operative
- D. Multi-purpose Co-operative
(a) Define advertising
(b) Explain four demerits of advertising
(c) Explain five different ways producers can create awareness for their goods and services
View Discussion (0)WAEC 2017 THEORYAt the collapse of a business enterprise, the person appointed to dispose of all assets is called
- A. a broker
- B. an auctioneer
- C. a liquidator
- D. an auditor
In a contract of sale, the amount deposited with the seller for a particular product by a buyer is
- A. consideration
- B. warranty
- C. counter offer
- D. acceptance
The diagram below are computer devices.
(a) Name any eight of the computer devices labelled A - I.
(b) State one use of any six input devices named in (a).

The authority given to a bank to make regular payments on behalf of a customer for a specified purpose is known as?
- A. bank draft
- B. credit transfer
- C. standing order
- D. certified cheque
(a) Outline six functions of advertising
(b) Explain seven factors to be considered in choosing an advertising medium
View Discussion (0)WAEC 2011 THEORYThe process of converting a non-profit making organisation to a profit-making business is
- A. commercialisation
- B. deregulation
- C. indigenisation
- D. privatisation
Another name for consignment note is
- A. qoutation
- B. waybill
- C. debit note
- D. receipt

