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Commerce 2022 WAEC Past Questions

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16

Which of the following groups would advocate for the supply of constant electricity to households?

  • A. consumers' association
  • B. credit union
  • C. Employers' association
  • D. Labour union
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17

A retail store that sells a single product from a particular manufacturer is a

  • A. tied shop
  • B. shopping mall
  • C. hypermarket
  • D. chain store
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18

A country's visible balance of payment is made up of

  • A. interest on loans to foreign countries
  • B. profit from investment abroad
  • C. earnings from goods exported
  • D. dividend earned from companies
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19

The quality of money which makes it possible to buy goods in small quantities is

  • A. portability
  • B. homogeneity
  • C. divisibility
  • D. durability
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20

One of the functions of commercial banks that cannot be performed by central banks is

  • A. collection of old notes
  • B. collection of deposits from the public
  • C. issurance of treasury bills
  • D. printing of bank notes
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