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Commerce 2008 WAEC Past Questions

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16
Product differentiation is achieved by
  • A. packaging and branding
  • B. packaging and grading
  • C. market segmentation
  • D. outdoor advertising
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17
Which of the following services is not offered to retailers by wholesalers?
  • A. Keeping them informed of the demands of consumers
  • B. Keeping them informed of new products
  • C. Offering a wide range of products
  • D. Granting credit
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18
The buying and selling of goods and services within a country is called
  • A. counter trade
  • B. entrepot trade
  • C. foreign trade
  • D. home trade
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19
The relationship between partners is stipulated in the
  • A. Memorandum of Association
  • B. Article of Association
  • C. Partnership Deed
  • D. Certificate of Incorporation
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20
Which of the following cannot be used to regulate importation?
  • A. Import quota
  • B. Import license
  • C. Imposition of embargo
  • D. Increase of excise duty
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