WAEC Commerce 2016 Past Questions

where a number of insurance companies  are liable under one policy, the principle applicable is ?

Buying and selling stocks in the stock exchange in anticipation of changes in the share price is?

Another name for a dishonoured cheque is?

which of the folloing is an example of life insurance

The main concern of commerce is?

The organized efforts of consumers to protect themselves against the unfair practices of businessmen is? 

which of the following legislations aims primarily at protection of consumers

in a law of contract, a counter offer operates as?

An economy policy which encourages governement ownership of business is called?

lack of permanent record for the message reciever is a disadvantage of?

which of the following occupations are classified under the extractive industry

(i) cattle rearing, lumbering and farming

(ii) mining, quarrying and hunting

(iii) ship building, road construction and iron bending

(iv) singing, dancing and tailoring

which of the following allows a drawer of a document to correct any error

The value of current assets is?

what is the value of working capital

the value of fixed assets

A clean bill of lading is so called because?

when an importer has been overcharged for goods supplied, the exporter issues him with a?

fidelity guarantee insurance is a cover against loss arising from

when a cheque is paid on a bank on which it is drawn, the cheque is

The process of buying, selling and distribution of goods and services is

Risk bearing in a business organisation is a function of the?

the worth of a life assurance policy before its maturity date is?

one disadvantage of advertising is that it

The business unit that  applies the principle of one man one vote is?

the water corporation is an example of a?

A partnership is dissolved due to?

A document that contains the relationship between the company and outsiders is?

An organisation formed mainly by traders and manufacturers to cater for interest for interest of members is?

An insurance broker is involved in?

An agreement that is enforceable in law is?

the size of an enterprise is determined by?

which of the following functions is not performed by trade association?

The fees charged on postal oder by the post office is?

the document issued by a warehouse keeper for goods taken into the store is?

which of the following is a verbal means of communication

the production of goods in anticipation for demand is made possible by?

regarding the consumer as the king who must be satisfied is the main emphasis of?

which of the following is a concept of marketing

the component of marketing mix that is put in a consumable form to satisfy the consumer is

goods become the property of the buyer on the transfer of liability and possession without immediate payment under the?

the value at which one country obtains another country's currency is?

specializing in the sale of one line of goods is the main feature of?