Commerce2020
The following information relates to Raisa's grocery store as of 31st December 2018.Stock -1st January 201820,000Purchases150,000Sales230,000Carriage inwards4,000Rent received80,000Salaries29,000Stock -31st December 2018…
See more
2020 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.
Commerce2020
Emeka has been a sales representative for three years but has never met his target.(a) State five reasons that could have accounted for his inability to meet his target.(b) Explain five promotional tools he could use to…
See more
Commerce2020
(a) State five functions of an Export Promotion Council.(b) Outline five roles performed by the Customs and Excise Authority towards the growth of commerce
See more
Commerce2020
(a) State four functions of a Stock Exchange.(b) Explain the following types of securities traded on the Stock Exchange: i. debentures ii. bonds iii. shares iv. stock.
See more
Commerce2020
(a) Explain four factors to be considered in setting up a retail business.(b) State how the government uses the following to regulate business: i. registration of business name ii. patent; iii. trade mark; iv. copyright.…
See more
Commerce2020
(a) List six credit instruments used in business transactions(b) Mr. Sylva is considering hire purchase as a source of finance for his business operations. State four advantages and three disadvantages of this source of…
See more
Commerce2020
(a) State four functions of a cartel(b) Explain three advantages and three disadvantages of public enterprises
See more
Commerce2020
A sole proprietor has been advised to advertise her business in order to increase sales.(a) i. List four advertising media she could use. ii. State four factors she would consider in the choice of a medium.(b) State four…
See more
Commerce2020
Which of the following is not an objective of ECOWAS?
See more
Commerce2020
A medium of inter-departmental communication is?
See more
Commerce2020
In delegation of authority, the subordinate offer is?
See more
Commerce2020
The management function which involves measuring outcomes and taking corrective action to reduce error is?
See more
Commerce2020
One of the disadvantages of privatization is that it?
See more
Commerce2020
The transfer of ownership of a business from government to the public is?
See more
Commerce2020
The additional commission paid to agents for guaranteeing payment is?
See more
Commerce2020
A person engaged for the purpose of bringing his principal and a third party into a contractual relation is?
See more
Commerce2020
A contract will not be discharged through?
See more
Commerce2020
An agreement that is enforceable in law is?
See more
Commerce2020
The marketing term which regards the consumer as king that must be satisfied is?
See more
Commerce2020
Which of the following is not a component of the marketing mix?
See more