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Commerce 2014 WAEC Past Questions

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36
A system of buying products from a machine is known as
  • A. Impulse buying
  • B. branding
  • C. automatic vending
  • D. loss leader
View Answer & Discuss WAEC 2014
37
Carpentry is an activity classified under
  • A. extractive occupation
  • B. tertiary occupation
  • C. commercial occupation
  • D. constructive occupation
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38
A system of buying goods by an agent where the supplier is determined by the principal is
  • A. tied shop
  • B. closed shop indent
  • C. open indent
  • D. ring trading
View Answer & Discuss (6) WAEC 2014
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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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39
One of the functions of a central bank is to
  • A. perform supervisory role among all the banks in the country
  • B. provide the means of payment to individuals
  • C. ensure the smooth transfer of shares
  • D. accept private deposits
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40
The issue of Certificate of Incorporation to a company means that it has
  • A. started production
  • B. legally come into being
  • C. appointed a board of directors
  • D. merged with another company
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