Commerce1999
(a)What is a contract?(b) Explain six reasons for which a contract can be terminated.
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1999 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.
Commerce1999
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.
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Commerce1999
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…
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Commerce1999
(a)Explain five reasons why communication is important in commerce.(b) Explain five functions of Advertising.
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Commerce1999
(a)Explain five reasons why a manufacturer may engage in personal selling.(b) Explain five characteristics of Sole Proprietorship.
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Commerce1999
(a)Explain branding and give two suitable examples.(b) In which five ways does branding affect the consumer?
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Commerce1999
(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.
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Commerce1999
(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.
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Commerce1999
(a)Explain five reasons why consumers need protection.(b) State five government legislation aimed at consumer protection.
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Commerce1999
State and explain any five classes of shares a public limited company can issue.
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Commerce1999
A shoe repairer is engaged in a
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Commerce1999
A business unit in which profits are shared on the basis of members' patronage is known as
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Commerce1999
Which of the following enables people to consume a variety of goods and services?
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Commerce1999
Which of the following refers to all the resources used in creating utilities?
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Commerce1999
Which of the following brings about specialization?
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Commerce1999
The goods that are used for the production of other goods are known as
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Commerce1999
Which of the following is formed in order to enforce the rights and powers of buyers in relation to sellers?
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Commerce1999
A company is said to be insolvent when
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Commerce1999
The document which regulates the operations of a partnership is known as
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Commerce1999
The safe keeping of goods from the point of production to the time they are needed is`
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