1993 WAEC SSCE Commerce Past Questions

Commerce is an organized system for the exchange of goods between buyers and sellers. Commerce involves the study of the process and activity of buying and selling goods and services, especially on a large scale.

Commerce1993

(a).Give five examples of trade associations.(b) Outline any three functions of the Employers' Association.(c) What are the objectives of the Lake Chad Basin Commission?

Commerce1993

Mention and explain any four environments under which a business operates.

Commerce1993

(a). What is Public Relations?(b) State and explain any five methods a firm can use to promote its public relations.

Commerce1993

(a) What is a contract of sale of goods?(b) State any three of its provisions.(c) Explain two conditions that constitute acceptance in the contract of sale of goods.

Commerce1993

(a) Explain five problems of using rail transport in Nigeria.(b) Write short notes on; (i) Tramp liners (ii) Ocean liners.

Commerce1993

(a) What are Thrift Societies?(b) Describe five services rendered by Thrift Societies to their members.

Commerce1993

(a) Describe the functions of the Stock Exchange.(b) State the types of securities traded in the Stock Exchange.

Commerce1993

Write short notes on the following, showing their main uses in foreign trade: (a) Shipping notes(b) Ship's manifest(c) Bill of sight(d) Dock warrant(d) Bill of entry.

Commerce1993

(a) State any four sources of capital for a public limited company.(b) Explain any four advantages and disadvantages respectively of converting a business into a public limited company.

Commerce1993

(a) Describe any four features of a multiple shop.(b) Give any four reasons why small scale retailing is common in Nigeria.

Commerce1993

Which of the following terms of price quotation includes cost of transportation to buyers premises?

Commerce1993

Which of the following is the safest means of sending a postal order from Lagos to a friend in Jos?

Commerce1993

Which of the following protects consumers against poor quality goods?

Commerce1993

Which of the following services is not rendered by NIPOST?

Commerce1993

A parcel of shoes valued at N2,000 only. Which of the following would be used by the seller to correct this error?

Commerce1993

Which of the following is true of a delivery note? It

Commerce1993

A document that is sent to a buyer when credit is not allowed is?

Commerce1993

An instalmental buying system where ownership immediately transfers to the buyer is known as?

Commerce1993

Who is liable for the contract entered into the agent on behalf of his principal? The

Commerce1993

Speed is an important consideration for the choice of a means of transport where goods are?

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