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Commerce 2011 WAEC Past Questions

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6

The co-operative society that performs a combination of the functions of other types of cooperatives is called

  • A. consumer cooperative
  • B. multipurpose cooperative
  • C. producer cooperative
  • D. thrift and credit cooperative
View Answer & Discuss WAEC 2011
7

That portion of the share capital which the company has asked the shareholders to pay for is known as

  • A. authorized capital
  • B. paid-up capital
  • C. issued capital
  • D. called-up capital
View Answer & Discuss WAEC 2011
8

One of the advantages of air transport over other forms of transport is

  • A. safety
  • B. flexibility
  • C. cost
  • D. speed
View Answer & Discuss WAEC 2011
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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9

Which of the following are elements of a valid contract?

  • A. Dishcarge and performance
  • B. Offer and acceptance
  • C. Age and maturity
  • D. Promise and capacity
View Answer & Discuss WAEC 2011
10

The last link in the channel of distribution is the

  • A. retailer
  • B. consumer
  • C. wholesaler
  • D. producer
View Answer & Discuss (1) WAEC 2011
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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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