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Commerce 1990 WAEC Past Questions

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31
One advantage of personal selling is?
  • A. low cost
  • B. immediate feedback
  • C. the appeal to many people at a time
  • D. self service
  • E. speedy market coverage
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32
Charges paid by a for staying at at a port beyond agreed sailing time is called?
  • A. profit
  • B. interest
  • C. holding
  • D. carriage cost
  • E. demurrage
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33
Entrepot Trade refers to?
  • A. importing for domestic consumption
  • B. importing for industrial use
  • C. importing for government concerns
  • D. exporting for factory use
  • E. import for re-port
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34
Which of following could account for a favourable balance of payment?
  • A. High capital repayments
  • B. high debt service repayment
  • C. higher imports than exports
  • D. higher expert than imports
  • E. higher public spending
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35
Which of the following is not part of the facilities provided by the Nigerian Ports Authority?
  • A. Dredging
  • B. Warehousing
  • C. Collection of customs duties
  • D. Loading and off-loading of cargoes
  • E. Off-loading of cargoes
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