2008
(a) Write the following abbreviations in full: (i) C.O.D; (ii) C.I.F. (iii) F.O.B; (iv) E and O.E. (b) The sale of a consumer good costing #100,000 attracts a cash discount of 5% and a quantity discount of 5%. You are re…
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2008 WAEC SSCE Commerce Past Questions
2008
(a) State five factors that can affect the rate of turnover of a company.(b) What is working capital?(c) Explain four importance of working capital.
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2008
(a) Explain four functions of the stock exchange.(b) Explain four ways by which the Central Bank regulates the activities of commercial banks.
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2008
(a) What is hire purchase?(b) Give two advantages and two disadvantages each of hire purchase to (i) the buyer (ii) the seller.
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2008
(a) What is transportation?(b) Explain dead freight.(c) List and explain five factors that will determine a seller's mode of transportation.
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2008
(a) Explain the following: (i) counter trade (ii) entrepot trade (iii) import trade (iv) invisible trade(b) State four barriers to international trade.
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2008
List and explain four documents involved in the formation of a public limited company.
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2008
Explain the following insurance terms: (a) proximate cause (b) contribution (c) utmost good faith (d) re-insurance (e) contract of non-indemnity (compensation).
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2008
Write short notes on the following types of retail outlets: (a) supermarket (b) mobile shops (c) department stores (d) chain stores (e) hawking.
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2008
Compare a partnership and a public limited company as business unit under the following headings;(a) formation (b) ownership (c) raising of capital (d) liability (e) transfer of shares
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2008
Farmers and all other workers concerned with getting raw materials from the earth are engaged in
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2008
Babou Penn, a fisherman says he has all necessary materials to go to sea today, except the captain of his boat . Captain here as a factor of production refers to
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2008
Production is defined as
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2008
Which of the following is not a function of commerce?
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2008
Commerce can be defined as the
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2008
If a ship overstays its stipulated time at a port, it pays a charge known as
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2008
The exchange of goods and services among many countries is
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2008
A grocer invoiced a carton of fish valued at #2,500 for #2,000 only. To correct the error, which of the following documents will be sent to the buyer?
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2008
The charges imposed by the government on locally manufactured goods is called
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2008
The process of making goods attractive and easy to handle is
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