2003 WAEC SSCE Commerce Past Questions

2003

In which of the following do shareholders always vote according to their shareholdings?

2003

A partner without an unlimited liability is known as a?

2003

A partner without an unlimited liability is known as a?

2003

If the turnover of as business is N16,000 and the cost of goods N12,000, what is the percentage of gross profit on sales?

2003

They total amount of money actually received by a company out of the issued capital is?

2003

Which of the following is not a function of the retailing?

2003

Which of the following is an advantage of large scale retailing?

2003

The rate of turnover of a company in a given year is 4 times while the average stock is N12,4OO. What is the turnover of the company?

2003

A public company has an authorized capital of 60,000 shares, A share costs 150k and the company has issued 36,000 shares. The issued capital would be?

2003

A public company has an authorized capital of 60,000 shares, A share costs 150k and the company has issued 36,000 shares. The issued capital would be?

2003

To sell a bill at less that the face value before its maturity is?

2003

Entrepot trade means?

2003

Which of the following requires services of middlemen?

2003

The refund made by on goods re-exported after being imported is known as?

2003

Which of the following is not a function of the retailing?

2003

Which of the following documents is required when a bill of lading is not readily available to enable the goods to be landed?

2003

Which of the following documents is required when a bill of lading is not readily available to enable the goods to be landed?

2003

Which of the following tells the customer exactly what has been sold to him, the amount due and any discount granted?

2003