1989 WAEC SSCE Commerce Past Questions

1989

Describe any five advantages of the Stock Exchange Market.

1989

(a) List five types of business units in Nigeria.(b) Give five main differences between a retail co-operative society and a public limited liability company.

1989

(a) What is meant by the term insurable risk?(b) Explain any four circumstances when an insured may not be indemnified.

1989

(a) What is consumerism?(b) Give three reasons why consumers need protection.(c) State any five measures taken by government or associations to protect consumers in Nigeria.

1989

Distinguish between the following:(a) Broker and Jobber.(b) Gross profit and net profit(c) Fixed capital and liquid capital.(d) Factors and del credere agents.(e) F. 0. B. and C. I. F.

1989

(a) Give any five advantages of advertising.(b) What are five distinctive merits of television as a medium of advertising.

1989

(a) What is a bonded warehouse?(b)State four ways in which a bonded warehouse may be useful in international trade.

1989

(a) Explain the meaning of working capital and state its importance.(b) Outline any seven factors which might affect the rate of turnover.

1989

(a) Messrs Ola and Musa are both merchants. Ola trades on cash basis only while Musa allows credit. Give four reasons each why Ola insists on cash payment and Musa allows credit sales.(b) Distinguish between cash discoun…

1989

(a) What is Commerce?(b) State and explain the importance of any five ancillary services to trade.

1989

Which of the following convert raw materials into finished goods?

1989

The practice of employing specialists in relevant occupation is a feature of?

1989

The process of buying and selling and distribution of goods and services is known as?

1989

An insurance broker is involved in?

1989

In the contract of sale of goods,"let the buyer beware" is signified by?

1989

A counter offer operates as?

1989

Production ends when goods?

1989

Which of the following towns was important to the trans-Saharan traders?

1989

1989 WAEC SSCE Commerce Past Questions

Describe any five advantages of the Stock Exchange Market.

(a) List five types of business units in Nigeria.(b) Give five main differences between a retail co-operative society and a public limited liability company.

(a) What is meant by the term insurable risk?(b) Explain any four circumstances when an insured may not be indemnified.

(a) What is consumerism?(b) Give three reasons why consumers need protection.(c) State any five measures taken by government or associations to protect consumers in Nigeria.

Distinguish between the following:(a) Broker and Jobber.(b) Gross profit and net profit(c) Fixed capital and liquid capital.(d) Factors and del credere agents.(e) F. 0. B. and C. I. F.

(a) Give any five advantages of advertising.(b) What are five distinctive merits of television as a medium of advertising.

(a) What is a bonded warehouse?(b)State four ways in which a bonded warehouse may be useful in international trade.

(a) Explain the meaning of working capital and state its importance.(b) Outline any seven factors which might affect the rate of turnover.

(a) Messrs Ola and Musa are both merchants. Ola trades on cash basis only while Musa allows credit. Give four reasons each why Ola insists on cash payment and Musa allows credit sales.(b) Distinguish between cash discoun…

(a) What is Commerce?(b) State and explain the importance of any five ancillary services to trade.

Which of the following convert raw materials into finished goods?

The practice of employing specialists in relevant occupation is a feature of?

The process of buying and selling and distribution of goods and services is known as?

An insurance broker is involved in?

In the contract of sale of goods,"let the buyer beware" is signified by?

A counter offer operates as?

Production ends when goods?

Which of the following towns was important to the trans-Saharan traders?

Which of the following support the view that there was commerce in Nigeria many years ago?

The worth of a life insurance policy be maturity date is known as?