2001 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.

Commerce2001

(a) State four factors that would determine the choice of transport by a businessman.(b) State four advantages of :ad transport over rail transport

Commerce2001

(a) Explain uninsurable risks and list two types of such risks(b) Write short notes on the following: (i) Hull surance (ii) Fidelity guarantee insurance (iii) Underwriter (iv) Insurance Premium

Commerce2001

Fred Asamah had the following state of affairs as at 31st December, 1999 Vehicles 82,000 Furniture 15,000 Stocks 38,000 Debtors 25,000 Creditors 30…

Commerce2001

(a) State any four rights of an unpaid seller of goods(b) Give six duties of an agent to the principal

Commerce2001

(a) What is a bill of lading?(b) State six contents of a bill of lading.(c) Distinguish between a clean bill of lading a-a foul bill of lading

Commerce2001

(a) Explain six reasons for government participation in business enterprises(b) State four demerits of governme-participation in business enterprises

Commerce2001

(a) State six distinguishing features of a mail order business(b) Give four disadvantages of a mail order business

Commerce2001

Write short notes on the following :(a) Persuasive advertising(b) Informative advertising(c) Competitive advertising(d) Mass advertising(e) Direct advertising

Commerce2001

(a) Differentiate between Hire Purchase and Credit Sale (b) Give four advantages of hire purchase to each of following: (i) a seller (ii) a buyer

Commerce2001

(a) With the aid of a diagram, illustrate the scope of commerce.(b) Explain four commercial activities that facilitate buying and selling.

Commerce2001

The number of times the average stock of a business is sold within a given period is?

Commerce2001

The mark-up of a retailer represents the?

Commerce2001

Which of the following classified under production?

Commerce2001

Hose who are engaged in exploiting natural resources are in?

Commerce2001

Which of the following best describes commerce?

Commerce2001

Which of the following is used to advertise of a company?

Commerce2001

Which of the following is most appropriate for a "Cash with order" terms of sale?

Commerce2001

Which of the following is a feature of sole proprietorship?

Commerce2001

2001 WAEC SSCE Commerce Past Questions

(a) State four factors that would determine the choice of transport by a businessman.(b) State four advantages of :ad transport over rail transport

(a) Explain uninsurable risks and list two types of such risks(b) Write short notes on the following: (i) Hull surance (ii) Fidelity guarantee insurance (iii) Underwriter (iv) Insurance Premium

Fred Asamah had the following state of affairs as at 31st December, 1999 Vehicles 82,000 Furniture 15,000 Stocks 38,000 Debtors 25,000 Creditors 30…

(a) State any four rights of an unpaid seller of goods(b) Give six duties of an agent to the principal

(a) What is a bill of lading?(b) State six contents of a bill of lading.(c) Distinguish between a clean bill of lading a-a foul bill of lading

(a) Explain six reasons for government participation in business enterprises(b) State four demerits of governme-participation in business enterprises

(a) State six distinguishing features of a mail order business(b) Give four disadvantages of a mail order business

Write short notes on the following :(a) Persuasive advertising(b) Informative advertising(c) Competitive advertising(d) Mass advertising(e) Direct advertising

(a) Differentiate between Hire Purchase and Credit Sale (b) Give four advantages of hire purchase to each of following: (i) a seller (ii) a buyer

(a) With the aid of a diagram, illustrate the scope of commerce.(b) Explain four commercial activities that facilitate buying and selling.

The number of times the average stock of a business is sold within a given period is?

The mark-up of a retailer represents the?

Which of the following classified under production?

Hose who are engaged in exploiting natural resources are in?

Which of the following best describes commerce?

Which of the following is used to advertise of a company?

Which of the following is most appropriate for a "Cash with order" terms of sale?

Which of the following is a feature of sole proprietorship?

Which of the following business must have at least one member with unlimited liability?

Branding is an aspect of marketing mix associated with?