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Commerce 2005 WAEC Past Questions

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51
Which of the following encourages trade between regions?
  • A. Differences in currencies of countries
  • B. Difference in national income of countries
  • C. Existence of trade associations
  • D. Differences in natural resources
View Answer & Discuss WAEC 2005
52
Which of the following is not suitable for hire purchase?
  • A. Textiles
  • B. Furniture
  • C. Refrigerators
  • D. Printing machine
View Answer & Discuss (3) WAEC 2005
53
A seller quoting his goods loco price means that
  • A. all charges are borne by the seller
  • B. all charges are borne by the buyer
  • C. the seller pays carriage as far as the buyers warehouse
  • D. the price includes cost, insurance and freight
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54
Which of the following is the correct sequence in which the following documents are used?
  • A. Order, delivery note, debit note, invoice, statement
  • B. Order, advice note, debit note,invoice,statement
  • C. Order, statement, delivery note, invoice, debit note
  • D. Order, delivery note, invoice, debit note, statement
View Answer & Discuss WAEC 2005
55
A set of measures pursued by an organization in order to maintain goodwill in its environment is referred to as
  • A. human relations
  • B. public relations
  • C. personal relations
  • D. organizational set up
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