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Commerce 2023 WAEC Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
46

A duty of the principal to his agent is to

  • A. stop the sale of good in transit
  • B. pay the agent for services rendered
  • C. disclose confidential information
  • D. renegotiate agreements made by the agent
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47

One of the barriers to foreign trade is

  • A. imposition of embargo
  • B. removal of tarrif
  • C. trade liberalization
  • D. memorandum of understanding
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48

In a contract of sale, the amount deposited with the seller for a particular product by a buyer is

  • A. consideration
  • B. warranty
  • C. counter offer
  • D. acceptance
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49

a. Explain five factors that delayed the growth of commerce in West Africa

b[¡] Using appropriate headings, classify the following workers.
- oil driller

b[¡¡] Using appropriate headings, classify the following workers.
- potter

b[¡¡¡] Using appropriate headings, classify the following workers.
- policemen

b[¡v] Using appropriate headings, classify the following workers.
- brewer

b[v¡] Using appropriate headings, classify the following workers.
- mason

b[v¡¡] Using appropriate headings, classify the following workers.
- farmer

 

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50

a. Victor and Samba have been partners for two years. They have had disagreements throughout the period and Samba requested for a dissoultion of the partnership so that he could start a sole proprietorship.

State five problems Samba could face as a sole trader
 

b. Victor and Samba have been partners for two years. They have had disagreements throughout the period and Samba requested for a dissoultion of the partnership so that he could start a sole proprietorship.

 

State five benefits Samba could enjoy if he remained in the partnership

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