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Commerce 1989 WAEC Past Questions

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36
The part of business capital with which capital that does not change its form in the process of production is known as?
  • A. circulating capital
  • B. nominal capital
  • C. liquid capital
  • D. fixed capital
  • E. working capital
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37
Which of the following is gilt-edge security?
  • A. Government bonds and stocks
  • B. Gold mine stocks
  • C. Company shares and stocks
  • D. Life assurrance policy
  • E. Bank stocks and securities
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38
Pure profits is the elements of the paid?
  • A. for land
  • B. for capital
  • C. a manager
  • D. to an enterpreneur
  • E. for labour
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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39
The factor of production which is described as wealth set aside for the the production of further wealth is called?
  • A. emterpreneur
  • B. land
  • C. capital
  • D. goodwill
  • E. labour
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40
Buying and selling of goods and services within the geographical areas of a country is called?
  • A. enterpot trade
  • B. external trade
  • C. domestic trade
  • D. regional trade
  • E. import trade
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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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 offline past questions - with all answers and explanations in one app - Download for free