Commerce Past Questions And Answers
71
Personal selling is used for the purpose of?
- A. establishing the company
- B. providing information
- C. creating product awareness
- D. given financial assistance
72
The selling of new shares to existing shareholders is referred to as
- A) Public issue
- B) Offer for sale
- C) Rights issue
- D) Bonus issue
73
Activities undertaken to create awareness for goods by conducting contest is?
- A. marketing concept
- B. consumerism
- C. sales promotion
- D. marketing mix
74
A business that is independent of its owners is a
- A. sole proprietorship
- B. partnership
- C. limited liability company
- D. co-operative society
75
Which of the following is an advantage of large scale retailing?
- A. Decline in personal service
- B. Pilfering
- C. High overhead cost
- D. One-stop shopping
76
The main requirement for admission to the second -tier securities market is the
- A) provision of a three year trading record
- B) creating a good atmosphere for growth and development
- C) guaranteeing of dividends to shareholders
- D) disclosure of all trading activities
77
An example of indirect service is rendered by
- A. civil servants
- B. family doctors
- C. household servant
- D. entertainers
78
The function of the amniotic fluid in humans is to
- A. protect the foetus against shocks
- B. remove waste products from the foetus
- C. supply food and water to foetus
- D. carry oxygen to the foetus
79
(a)List five media of public relations.
(b) Enumerate five types of after sales services.
(c)State five benefits of after benefits of after sales services
View Discussion (0)WAEC 2016 THEORY80
The term ‘5 Net 7’ on an invoice means that?
- A. 5% discount will be allowed on the price charged if payment is made within seven days
- B. 5% discount will be allowed on the price charged if payment is made after seven days
- C. 5% charge will be made unless payment is made within seven days
- D. 5% dicount will be allowed on the charged if the goods are bought within seven days

