Commerce Past Questions And Answers
51
A collective term for advertising, personal selling and publicity is?
- A. exhibition
- B. promotion
- C. trade fair
- D. merchandizing
52
A bill of exchange already accepted can be discounted by the holder in?
- A. the central bank
- B. at least two banks
- C. his bank
- D. any bank
53
The main feature of a supermarket is the sale of
- A) Office equipment only
- B) Food stuff only
- C) General household goods
- D) Building materials
54
The two main branches of trade are?
- A. commerce and aids to trade
- B. home and foreign trade
- C. foreign and entrepot trade
- D. wholesale and retail trade
55
Extractive industries may also be denominated as
- A. direct industries
- B. servicing industries
- C. indirect industries
- D. primary industries
56
A major function of chamber of commerce is
- A. promoting both home and foreign trade
- B. increasing productivity
- C. promoting trade in a particular line
- D. maximizing profit
57
(a).Why is it important for commercial information to be rapid and accurate?
(b) What are the advantages of courier services over public postal services?
View Discussion (0)WAEC 1991 THEORY58
Recognized members of the Stock Exchange who buy and sell securities on their own behalf are known as ?
- A. bulls
- B. jobbers
- C. brokers
- D. stags
59
An association formed by computer distributors to safeguard and promote their interest is a?
- A. chamber of commerce
- B. cooperative society
- C. trade association
- D. trade union
60
Small ships which are used to carry goods and passengers across rivers or canals called
- A. tramps
- B. coasters
- C. tankers
- D. ferries

