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Commerce 2020 WAEC Past Questions

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16

The part of issued share capital that the company has asked the subscribers to pay for is?

  • A. authorized capital
  • B. called-up capital
  • C. nominal capital
  • D. paid-up capital
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17

The last link in a channel of distribution is the?

  • A. wholesaler
  • B. retailer
  • C. consumer
  • D. agent
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18

The difference between a country`s imports and exports of goods in a particular year is?

  • A. terms of trade
  • B. terms of payment
  • C. balance of payment
  • D. balance of trade
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19

Goods brought into the country for sale are the country`s?

  • A. invisible imports
  • B. invisible exports
  • C. visible imports
  • D. visible exports
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20

A feature of supermarkets which distinguishes it from other large scale retail outlets is that items sold are?

  • A. mainly household goods
  • B. mainly industrial goods
  • C. delivered by post
  • D. one line of products
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WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709