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Commerce 1993 WAEC Past Questions

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71
Air transport is considerable importance today because it?
  • A. is faster than other means of transport
  • B. can deliver goods to owner's destination
  • C. is relatively cheaper
  • D. can carry bulky goods
  • E. travels on schedule
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72
The organization that aims at protecting the business interest of a particular area is the?
  • A. Trade Asociation
  • B. Manufacturing Association of Nigeria
  • C. Chamber of Commerce
  • D. Confederation of industrialists
  • E. Trade Union
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73
A group of persons that agrees to pool its resources to achieve a particular objective is known as?
  • A. consortium
  • B. holding company
  • C. cartel
  • D. trust
  • E. subsidiary company
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74
A group of persons that agrees to pool its resources to achieve a particular objective is known as?
  • A. consortium
  • B. holding company
  • C. cartel
  • D. trust
  • E. subsidiary company
View Answer & Discuss WAEC 1993
75

(a) Describe any four features of a multiple shop.

(b) Give any four reasons why small scale retailing is common in Nigeria. 
 

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