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Commerce 2005 WAEC Past Questions

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66
Which of the following makes it an offense for a trader to make untrue statement about his goods?
  • A. Consumerism
  • B. Consumer Credit Act
  • C. Trade Description Act
  • D. Price Control Act
View Answer & Discuss WAEC 2005
67
Which of the following is a means by which a contract of agency could be terminated?
  • A. Mutual agreement
  • B. Lack of consideration
  • C. Failure to insure the contract
  • D. Payment of commission
View Answer & Discuss WAEC 2005
68
Which of the following would be necessary before the introduction of a new product?
  • A. Product differentiation
  • B. Target marketing
  • C. Market research
  • D. Market segmentation
View Answer & Discuss WAEC 2005
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69
People who are against advertising claim that it
  • A. widens the market for consumer goods
  • B. encourages consumers to buy what they do not need
  • C. emphasizes the good feature of a particular product
  • D. promotes competion among firms
View Answer & Discuss (1) WAEC 2005
70
A distinctive feature of a personal selling is the
  • A. face to face meeting of seller and buyer
  • B. selling of cheap items only
  • C. sale of industrial goods only
  • D. hawking of goods
View Answer & Discuss (2) WAEC 2005
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