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Commerce 1996 WAEC Past Questions

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51
The value of a product expressed in monetary terms is known as
  • A. utility
  • B. price
  • C. Premium
  • D. commission
  • E. interest
View Answer & Discuss WAEC 1996
52
Which of the following is not true of franking machines ?
  • A. Hired by companies and licensed by NIPOST
  • B. Print postage imprssion on mails
  • C. Can print company's logo on mails
  • D. Advance payment must be made to NIPOST
  • E. Postage stamp is used
View Answer & Discuss WAEC 1996
53
Which of the following is suitable for transporting fish a long distance?
  • A. Tramp
  • B. Cargo liner
  • C. Tanker
  • D. Barge
  • E. Refrigerated ship
View Answer & Discuss WAEC 1996
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54
Which of the following is not an element of a contract?
  • A. Consideration
  • B. Probability
  • C. Legality
  • D. Capacity
  • E. Consensus
View Answer & Discuss WAEC 1996
55
Which of the following is an advantage of personal selling?
  • A. Immediate feedback
  • B. Low cost
  • C. Self service
  • D. Speedy market coverage
  • E. Selling to many people at a time
View Answer & Discuss WAEC 1996
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts