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Commerce Past Questions

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801
An insurance broker is involved in?
  • A. manufacturing occupation
  • B. distributive occupation
  • C. commercial occupation
  • D. extractive occupation
  • E. constructive occupation
View Answer & Discuss WAEC 1989
802
The process of buying and selling and distribution of goods and services is known as?
  • A. retail trade
  • B. commerce
  • C. marketing concept
  • D. marketing mix
  • E. wholesale trade
View Answer & Discuss WAEC 1989
803
The practice of employing specialists in relevant occupation is a feature of?
  • A. subsistence economy
  • B. mobility of labour
  • C. mixed economy
  • D. exchange economy
  • E. division of labour
View Answer & Discuss WAEC 1989
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804
Which of the following convert raw materials into finished goods?
  • A. Extractive industry
  • B. Manufacturing
  • C. Commercial occupation
  • D. Constructive industry
  • E. Tertiary industry
View Answer & Discuss (1) WAEC 1989
805
Which of the following support the view that there was commerce in Nigeria many years ago?
  • A. The economy was consistent
  • B. Specialization was minimal
  • C. Cowries were used as money
  • D. Horses wee used as means of transportation
  • E. Communities were interdependent
View Answer & Discuss (1) WAEC 1989
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