2021 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.

Commerce2021

(a) Explain the following types of capital (i)Authorized capital (ii) Liquid capital (b) the following records were extracted from the books of Bandin and Bachur Partnership as at March 31st, 2020EquipmentI50,000Cash at…

Commerce2021

(a) What is an economic grouping? (b) State three objectives of each of the following organizations I) Lake Chad Basin Commission ii) ECOWAS Iii) Niger Basin Commission

Commerce2021

Madam Fana, the human resources manager of Baku limited, is due to start her annual leave. She wishes to assign one of her assistants to perform her duties in her absence.(i) identify and explain the organizational princ…

Commerce2021

(a) What is Entrepot Trade?(bi)Differentiate between a Bill of Lading and Consignment Note(bii) Explain the use of bill of sight in foreign trade (c) State five reasons for the criticism against Advertising

Commerce2021

(a) List five Means of payment in Home Trade (b) Explain ways computers could be useful to a Motor vehicle seller

Commerce2021

(a) State four functions of Money: (b)Explain how the following operators function on a stock exchange

Commerce2021

Differentiate between the following pairs of terms: (i) Interest and profit: (ii) Share and denture (iii) Ordinary share and preference share (iv)Cumulative preference share and participating preference share (v) Cum di…

Commerce2021

Differentiate between a merger and an acquisition.Explain five ways commerce is important in the life of a nation

Commerce2021

One of the aims of ECOWAS is to

Commerce2021

The concept of determining the objectives of a business and stating how they can be actualized is

Commerce2021

An inventor of a new machine for canning tomatoes can protect his product by

Commerce2021

An objective of the European Union is to

Commerce2021

The income generated from tourism forms part of the country's

Commerce2021

Trade fairs and exhibitions are media of

Commerce2021

The practice of making a state firm more profit-oriented is

Commerce2021

A disadvantage of privatization is that

Commerce2021

The saying that the 'consumer is always right' describes the doctrine of

Commerce2021

Which of the following is responsible for protecting consumers against poor quality goods

Commerce2021

One of the roles performed by middle managers is

Commerce2021

The transfer of a government company to the public is

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