1996 WAEC SSCE Commerce Past Questions

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1996

Which of the following may be used to restrict imports?i. Bill of lading ii. Specific Licenses iii. Foreign exchange rationing iv. Letters of credit v. Customs duties and tariffs

1996

A partner who does not play an active role in a business but contributes capital is a

1996

Which of the following is an advantage of personal selling?

1996

Which of the following is not an element of a contract?

1996

Which of the following is suitable for transporting fish a long distance?

1996

Which of the following is not true of franking machines ?

1996

Which of the following activities makes the consumer its focus in decision making?

1996

Which of the following does not aim at protecting the customer?

1996

The contract between ship owners and hires whereby the hires take full control of the ship is called?

1996

Which of the following is not a source of capital?

1996

Which of the following is not included in the Memorandum of Association?

1996

For which of the following reasons would a seller not issue a credit note to a customer? If

1996

A document signed by a customs officer of the exporting country to confirm the country of export of the goods is

1996

An agreement that is enforceable in law is called?

1996

Which of the following is a disadvantage of foreign trade?

1996

Which of the following is a direct service?

1996

Which of the following functions may not be performed by a whole saler?

1996

Which of the following services is not rendered by NIPOST

1996

The sum of money the assurer is prepared to pay the assured in total discharge of a contract before its maturity is

1996

Management is

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