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Commerce 2018 WAEC Past Questions

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26

which of the following is not a component of the marketing mix

  • A. price
  • B. place
  • C. population
  • D. product
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27

A method of buying in anticipation of price fluctuation in the commodity market is?

  • A. speculation
  • B. arbitrage
  • C. contango
  • D. hedging
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28

A shipping document detailing the charges for carrying a particular cargo for a specified voyage is?

  • A. dock warrant
  • B. freight note
  • C. bill of lading
  • D. mate's receipt
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29

commercial agents who are authorized to keep goods untill they are sold are?

  • A. factors
  • B. distributors
  • C. brokers
  • D. auctioneers
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30

An advertisement method whose objective is to convince customers to buy a product  is?

  • A. informative advertisement
  • B. persuasive advertising
  • C. competitive advertising
  • D. mass advertisement
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