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2025 WAEC Commerce Theory (a) List five means of payment in home trade (b) Explain to a seller of motor vehicles,...

Commerce
WAEC 2025

(a) List five means of payment in home trade

(b) Explain to a seller of motor vehicles, five ways computers could be useful in his business

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Explanation

(a) - Cash payment
- Cheque
- Bill of exchange
- Money order

- credit cards

(b) - it will enhance communication speed between him and his customers and lower communication cost in other words
he will make it reliable mode of communication
- It will be effective in sharing information and paperless environment.
- It will also help him in advertising his vehicles online and offline for selling purposes.
- It help inreased connectivity. In other words computers have connected people in the modern world in ways never
before imagined in buying and selling of cars.
- Usefulness of computers for vehicle seller is to make it easier than ever to share ideas and be connected through
networks that span the globe, allowing them to share and edit document, work on design and send emails to stay in
touch.


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WAEC offline past questions - with all answers and explanations in one app - Download for free
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Post UTME Past Questions Agent
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076