Commerce Past Questions And Answers
Goods brought into the country for sale are the country`s?
- A. invisible imports
- B. invisible exports
- C. visible imports
- D. visible exports
Buying on impulse is encouraged by
- A. co-operative shops
- B. hawkers
- C. supermarket
- D. mail order firms
(a) What is Planning?
(b) What are the benefits of planning in business management?
(c) Mention four functions of the personnel department of a business establishment.
View Discussion (0)WAEC 1992 THEORYWhich of the following is a feature peculiar multiple shops?
- A. Central Location
- B. Self Service
- C. Central Buying
- D. One stop shopping
The main objective of a trade association is to
- A. protect its members against litigation
- B. protect its members against victimization
- C. boost the trade of its members
- D. secure credit for its members
The trade document signed by a representative of the country to which is not discounted is also the?
- A. consular invoice
- B. certificate invoice
- C. consignment invoice
- D. proforma invoice
Which of the following makes sales possible without a sales attendant?
- A) franking machine
- B) telex machine
- C) fax machine
- D) vending machine
A major function of a chamber of commerce is?
- A. increaseing productivity
- B. promoting both home and foreign trade
- C. promoting trade in a particular line
- D. maximizing profit
The two main categories under which marine losses fall into are?
- A. particular loss and average loss
- B. actual loss and average loss
- C. total loss and partial loss
- D. voyage policy loss and time policy loss
A specialized institution in Nigeria that deals in capital investments in the form of stocks, share, bond and debentures is the?
- A. Securities and Exchange commission
- B. commodity market
- C. Nigerian Stock Exchange
- D. Central Bank of Nigeria

