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Commerce 1997 WAEC Past Questions

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11
Division of labour often results in
  • A. a decrease in production
  • B. an increase in production
  • C. waste of time
  • D. uneconomic use of tools
  • E. greater craftsmanship
View Answer & Discuss WAEC 1997
12
Who among the following is not an agent?
  • A. Broker
  • B. Factor
  • C. Jobber
  • D. Manufacturer's representative
  • E. Aunctioneer
View Answer & Discuss WAEC 1997
13
Who among the following comes first in the channel of distribution?
  • A. Consumer
  • B. Retailer
  • C. Consignor
  • D. Manufacturer
  • E. Wholesaler
View Answer & Discuss WAEC 1997
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14
The services rendered by Nigerian Airways to foreign companies are part of Nigeria's
  • A. visible exports
  • B. visible imports
  • C. invisible exports
  • D. invisible imports
  • E. entreport trade
View Answer & Discuss WAEC 1997
15
One of the characteristics of a debenture is that
  • A. it yields a fixed rate of dividends
  • B. it has no redemption date
  • C. it yields a fixed rate of interest
  • D. its holder has a voting right
  • E. the holder bears more risk than others
View Answer & Discuss WAEC 1997
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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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