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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
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11
Which of the following is the primary purpose of a business concern? To
  • A. make maximum profit for itself and the share holders
  • B. provide goods and services to customers at a profit for itself and shareholders
  • C. supply essential commodities at a profit
  • D. make a goods and services available to the poor at a profit
  • E. ensure even development of a country
View Answer & Discuss (1) WAEC 1992
12
When a motor dealer undertakes routine maintenance of costumers' vehicles, he is offering?
  • A. self - service
  • B. pre - sales services
  • C. after - sales service
  • D. automobile service
  • E. free service
View Answer & Discuss WAEC 1992
13
Which of the following has the main objective to differentiate between similar products from different manufacturers?
  • A. Branding
  • B. Wrapping
  • C. Packaging
  • D. Mark up
  • E. Display
View Answer & Discuss WAEC 1992
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14
Which of the following abbreviations permit the drawer of a document to correct any errors therein?
  • A. V. A. T
  • B. C. I. F
  • C. E. O. E
  • D. I. O. U
  • E. C. W. O
View Answer & Discuss WAEC 1992
15
The most important function of the retailer is to?
  • A. sell goods on credit
  • B. operates on weekends and public holidays
  • C. make goods available in units
  • D. buy from wholesalers
  • E. operate at convenient places
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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