1999 WAEC SSCE Commerce Past Questions

1999

(a)What is a contract?(b) Explain six reasons for which a contract can be terminated.

1999

Outline two functions of each of the following. (a) Trade Association(b) Consumer Association(c) Customs Authority(d) Manufacturer's Association(e) Chamber of Commerce.

1999

WAZOBIA Enterprise's financial position as at 31st December, 1996 is as follows: Nfixtures1,000.00stock 31st december8,000.00Debtors5,000.00Creditors3,000.00Cash in hand7,000.00Bank overdraft1,200.00Typewriter4,500.00fur…

1999

(a)Explain five reasons why communication is important in commerce.(b) Explain five functions of Advertising.

1999

(a)Explain five reasons why a manufacturer may engage in personal selling.(b) Explain five characteristics of Sole Proprietorship.

1999

(a)Explain branding and give two suitable examples.(b) In which five ways does branding affect the consumer?

1999

(a)With the aid of a diagram, illustrate six branches of trade and show six types of retail outlets.(b) State eight features of hawking.

1999

(a)Describe to Kola a new recruit in your office, the steps he may take to open a current account.(b) Outline four functions of the Central Bank.

1999

(a)Explain five reasons why consumers need protection.(b) State five government legislation aimed at consumer protection.

1999

State and explain any five classes of shares a public limited company can issue.

1999

A shoe repairer is engaged in a

1999

A business unit in which profits are shared on the basis of members' patronage is known as

1999

Which of the following enables people to consume a variety of goods and services?

1999

Which of the following refers to all the resources used in creating utilities?

1999

Which of the following brings about specialization?

1999

The goods that are used for the production of other goods are known as

1999

Which of the following is formed in order to enforce the rights and powers of buyers in relation to sellers?

1999

A company is said to be insolvent when

1999

The document which regulates the operations of a partnership is known as

1999

The safe keeping of goods from the point of production to the time they are needed is`

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