Commerce Past Questions And Answers
761
One disadvantages of advertising is that it —
- A. could be misleading
- B. decreases sales
- C. reduces profit
- D. causes over stocking
762
The label on a product such as 'pampers' is a type of?
- A. trademark
- B. branding
- C. packaging
- D. patent right
763
which of the following terms is not used in price qoutation for goods
- A. E. & O,E
- B. C.I.F
- C. EX works
- D. F.A.S
764
Compare a public limited company with partnership under the following headings
(a) formation: (b) Ownership and Control: (c) Source of Capital: (d) Liability: (e) Dissolution:.
View Discussion (0)WAEC 2014 THEORY765
One of the criteria for differentiating consumers markets from industrial ones is the
- A. type of demand
- B. type of supply
- C. nature of the services rendered
- D. price of the goods
766
The right that a debenture holder has on the earnings of a company is
- A. lien
- B. dividend
- C. interest
- D. rent
767
The major aim of consumer orientation is_________
- A. consumer satisfaction
- B. consumer sovereignty
- C. what to produce
- D. market research
768
Which of the following is not a disadvantage of a one-man business?
- A. Unlimited liability owner
- B. Life of business limited to life of owner
- C. Personal control of business
- D. Difficulty in raising additional capital
769
An obstacle to international trade is?
- A. trade imbalance between countries
- B. availiability of local market
- C. quantity and quality of labour
- D. cost of finance
770
Which of the following statements cannot be found in a partnership deed?
- A. Names of partners
- B. Nature of business
- C. Payment of tax
- D. Interest on capital

