WAEC Commerce 1993 Past Questions

(a) Describe any four features of a multiple shop.

(b) Give any four reasons why small scale retailing is common in Nigeria. 
 

(a) State any four sources of capital for a public limited company.

(b) Explain any four advantages and disadvantages respectively of converting a business into a public limited company. 
 

Write short notes on the following, showing their main uses in foreign trade:

(a) Shipping notes

(b) Ship's manifest

(c) Bill of sight

(d) Dock warrant

(d) Bill of entry.
 

(a) Describe the functions of the Stock Exchange.

(b) State the types of securities traded in the Stock Exchange. 
 

(a) What are Thrift Societies?

(b) Describe five services rendered by Thrift Societies to their members. 
 

(a) Explain five problems of using rail transport in Nigeria.

(b) Write short notes on;
(i) Tramp liners
(ii) Ocean liners. 
 

(a) What is a contract of sale of goods?

(b) State any three of its provisions.

(c) Explain two conditions that constitute acceptance in the contract of sale of goods. 
 

(a). What is Public Relations?

(b) State and explain any five methods a firm can use to promote its public relations.
 

Mention and explain any four environments under which a business operates.
 

(a).Give five examples of trade associations.

(b) Outline any three functions of the Employers' Association.

(c) What are the objectives of the Lake Chad Basin Commission?