Commerce Past Questions And Answers
The main function of a thrift and credit cooperative society is to
- A. encourage members to buy cheaply
- B. enable members get the highest profit
- C. help members get legal redress
- D. encourage members to save
The type of wholesaler that combines selling, delivery and collection in one operation is
- A. specialist wholesaler
- B. rack jobber
- C. drop shipment
- D. truck wholesaler
The major divisions of Commerce are?
- A. import, export and transport
- B. trade, communication and warehousing
- C. trade and auxiliaries to trade
- D. exchange, consumption and production
The issue of shares which allows existing shareholders to buy shares at a preferential price is?
- A. bonus issue
- B. offer for sale
- C. public offer
- D. rights issue
(a) What is an advertising medium?
(b) State any five factors to be considered before choosing a particular advertis-ing medium.
(c) Give eight examples of advertising media
View Discussion (0)WAEC 1997 THEORYWhich of these companies offers after-sales services?
- A. iv
- B. iii
- C. ii
- D. i
In which of the following do shareholders always vote according to their shareholdings?
- A. Partnership
- B. Cooperative society
- C. Public limited company
- D. Public corporation
The role of customs and excise authority includes the
- A. control of the flow of goods in and out of the country
- B. control of security agents within and out of the borders
- C. provision of dockyards for ship repairs and maintenance
- D. provision of transport system to facilitate imports and exports
Under normal circumstances, a business enterprise can be ideally structured
- A) by product, function or territories
- B) around the personalities in the enterprise
- C) on the ruling of the management
- D) on the basis of an order from stockholders
A partnership is dissolved due to?
- A. liquidity of the firm
- B. death of the employee
- C. insanity of partner
- D. resignation of an employee