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Commerce 1991 WAEC Past Questions

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6
Which of the following is concerned with obtaining raw materials from their natural locations?
  • A. Extractive industry
  • B. Manufacturing industry
  • C. Construction industry
  • D. Transport industry
  • E. Engineering industry
View Answer & Discuss WAEC 1991
7
In which of the following classes of occupation would you place a commerce teacher?
  • A. Commercial
  • B. Extractive
  • C. Direct service
  • D. Manufacturing
  • E. Construction
View Answer & Discuss (1) WAEC 1991
8
Turnover may be increased by?
  • A. increasing prices and product differentiation
  • B. advertising and cutting prices
  • C. refusing credits and customer services
  • D. increasing the mark-up
  • E. stocking very expensive goods
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9
The advantage road transport has over other means of transport is that?
  • A. intermediate terminal handling is eliminated by door-to-door delivery
  • B. specialised vehicles can be used to carry certain goods
  • C. packaging is very easy as experts handle it
  • D. canteen services are provided
  • E. weather conditions do not affect it
View Answer & Discuss WAEC 1991
10
In winding-up a company, the assets of the company are vested in the hands of the?
  • A. receiver
  • B. liquidator
  • C. registrar of companies
  • D. directors of companies
  • E. the government
View Answer & Discuss WAEC 1991
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