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Commerce 2010 WAEC Past Questions

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41
The practice of selling the product below the cost price to attract customers to a shop is known as
  • A. hedging
  • B. loss leader
  • C. skimming
  • D. under-invoicing
View Answer & Discuss (1) WAEC 2010
42

Which of the following is not contained in a deed of partnership?

  • A. Names and addresses of partners
  • B. Ratio for sharing profits and losses
  • C. Investment of each partner
  • D. Rate of taxation
View Answer & Discuss WAEC 2010
43
The publication of facts from a firm's product is called
  • A. merchandizing
  • B. exhibition
  • C. feature articles
  • D. mass advertising
View Answer & Discuss WAEC 2010
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44

Which of the following is not a function of a retailer?

  • A. Providing after sales services
  • B. Stocking variety of goods
  • C. Selling in small unites to the consumers
  • D. Financing manufacturers
View Answer & Discuss WAEC 2010
45

A firm on the stock exchange which agrees to buy shares not bought after a public offer is

  • A. a broker
  • B. a stag
  • C. a jobber
  • D. an underwriter
View Answer & Discuss (1) WAEC 2010
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