2018 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.

Commerce2018

Use the following information to answer the following questions: ItemsLeDebtor30,000Cash in hand6,750Plant and machinery72,000Motor van31,000Stock of raw materials12,000Loan50,000Trade creditors43,000Calculate(a) The liq…

Commerce2018

(a) Define a contract.(b) State and explain four reasons for consumer protection.

Commerce2018

(a) What is second-tier security market?(b) Discuss four advantages of the second-tier security market.(c) State five requirements for trading in a second-tier security market.

Commerce2018

(a) Briefly state and explain four ways in which marketing is important to a business.(b) List and explain four promotional tools Jones Ltd could use.

Commerce2018

(a) Draw up an organisational chart of Adama's Pure Water Production Ltd.(b) Briefly state two functions each of the following departments of the company:(i)Accounts (ii) Administration (iii) Marketing (iv) Production

Commerce2018

In a tabular form, state the differences between public enterprise and public company.

Commerce2018

(a) Discuss any five factors to be considered by Mr. Touray in locating his shop.(b) Explain five ways a wholesaler can aid Mr. Touray's business.

Commerce2018

(a) List and explain two factors that limit the application of division of labour.(b) Enumerate two disadvantages of division of labour.(c) Discuss five advantages of division of labour.

Commerce2018

Explain the following means of payment in international trade:Bill of exchange;International bank draft;Travelers’ cheque;Electronic transfer.

Commerce2018

a) List five types of cooperative societies. b) Explain the following business objectives:survival;profit maximization;growth;innovation;social responsibility.

Commerce2018

a) Outline five problems of barter trade. b) Explain to Domingo five benefits of using computers in the conduct of his business.

Commerce2018

The inter bank indebtedness is settled at the

Commerce2018

The time allowed for loading and unloading a ship at the harbour is?

Commerce2018

One of the aims of the European union is to?

Commerce2018

A system of issueing new shares to selected investors instead of the general public is?

Commerce2018

A company is qouted on the stock exchange when its shares are?

Commerce2018

Which of the following is the modern means of communication

Commerce2018

How many countries form ECOWAS

Commerce2018

The provision of scholarship by a firm to needy students is part of its?

Commerce2018

A transfer of authority from a superior officer to his subordinate in an organisation is?

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