2000 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.

Commerce2000

Explain the following ; (i) marketing concept (ii) marketing mix (iii) market segmentation (iv) product differentiation

Commerce2000

(a) Mention and explain five ways by which the Central Bank regulates the activities of commercial banks.(b) State five factors which a bank manager considers in granting loans to customers.

Commerce2000

Give five aims for establishing each of the following:(a) Economic Community of West African States (ECOWAS).(b) International Monetary Fund (IMF).

Commerce2000

(a) Explain to a group of Sole Proprietors who wish to form a partnership any seven problems they are likely to face.(b) State three conditions suitable for the formation of partnership business.

Commerce2000

Explain five factors that adversely affect the growth of commerce in West Africa.

Commerce2000

(a) Explain five features of itinerant trading.(b) State five features of a supermarket.

Commerce2000

(a) Give six reasons why manufacturers pre-package their products.(b) State any four disadvantages of pre-packaging.

Commerce2000

(a) Explain five reasons why tariffs are imposed on imports.(b) State five functions performed by the customs authority.

Commerce2000

(a) State the difference between industry and commerce.(b) Mention and explain five types of commercial occupations and three types of industrial occupations.

Commerce2000

(a) List and describe four insurance policies available to a ship owner.(b) Distinguish between indemnity and non-indemnity insurance and give two examples of each

Commerce2000

Which of the following can be defined as trade and aids to trade?

Commerce2000

Which of the following is true about cumulative preference shares?

Commerce2000

The total value of fixed and current assets is?

Commerce2000

The total value of fixed and current assets is?

Commerce2000

The coming together of two or more firms at different stages of production is?

Commerce2000

Which of the following is not a source of finance to a sole proprietor?

Commerce2000

Which of the following is not contained in an advice note?

Commerce2000

A consignment note is used when?

Commerce2000

2000 WAEC SSCE Commerce Past Questions

Explain the following ; (i) marketing concept (ii) marketing mix (iii) market segmentation (iv) product differentiation

(a) Mention and explain five ways by which the Central Bank regulates the activities of commercial banks.(b) State five factors which a bank manager considers in granting loans to customers.

Give five aims for establishing each of the following:(a) Economic Community of West African States (ECOWAS).(b) International Monetary Fund (IMF).

(a) Explain to a group of Sole Proprietors who wish to form a partnership any seven problems they are likely to face.(b) State three conditions suitable for the formation of partnership business.

Explain five factors that adversely affect the growth of commerce in West Africa.

(a) Explain five features of itinerant trading.(b) State five features of a supermarket.

(a) Give six reasons why manufacturers pre-package their products.(b) State any four disadvantages of pre-packaging.

(a) Explain five reasons why tariffs are imposed on imports.(b) State five functions performed by the customs authority.

(a) State the difference between industry and commerce.(b) Mention and explain five types of commercial occupations and three types of industrial occupations.

(a) List and describe four insurance policies available to a ship owner.(b) Distinguish between indemnity and non-indemnity insurance and give two examples of each

Which of the following can be defined as trade and aids to trade?

Which of the following is true about cumulative preference shares?

The total value of fixed and current assets is?

The total value of fixed and current assets is?

The coming together of two or more firms at different stages of production is?

Which of the following is not a source of finance to a sole proprietor?

Which of the following is not contained in an advice note?

A consignment note is used when?

A retail outlet which sells a fairly narrow range of goods with a number of branches in different towns is a?

A debenture is mortgaged when it is?