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Commerce 1992 WAEC Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
1
The three main division of production are?
  • A. extraction, manufacturing and construction
  • B. import, export and entrepot
  • C. industry, commerce and direct service
  • D. industry, trade and direct service
View Answer & Discuss (4) WAEC 1992
2
Into which of the following two broad areas can trade be divided?
  • A. home and foreign trade
  • B. home and retail trade
  • C. wholesale and retail trade
  • D. foreign and wholesale trade
  • E. import and exports
View Answer & Discuss WAEC 1992
3
Which of the following is not true of a sole proprietorship?
  • A. It has a separate legal entity
  • B. It has unlimited liability
  • C. It has a slim chances of expansion
  • D. The capital is small
  • E. It can convert into a company
View Answer & Discuss WAEC 1992
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4
Which of the following is an investor earns profit on the basis of his patronage?
  • A. debenture holder
  • B. partner
  • C. sole proprietor
  • D. co-operative member
  • E. shareholder
View Answer & Discuss WAEC 1992
5
Which of the following is an investor earns profit on the basis of his patronage?
  • A. debenture holder
  • B. partner
  • C. sole proprietor
  • D. co-operative member
  • E. shareholder
View Answer & Discuss WAEC 1992
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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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