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[ Post UTME Begins ]:
View The List Of Schools That Have Released 2026 Post-UTME Forms.
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Commerce Past Questions
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Introduction to Commerce
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Business Environment and Social Responsibility
Types of environment
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Nationalisation, Indigenisation and Divestiture
Meaning, aims, advantages, disadvantages
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2146
An organization formed mainly by traders on the same line of business is known as
A.
trade union
B.
cooperative society
C.
trade association
D.
chamber of commerce
View Answer & Discuss (1)
WAEC 2005
2147
A bank's undertaking to pay an exporter on behalf of an importer is a
A.
documentary credit
B.
letter of credit
C.
letter of hypothecation
D.
bill of exchange
View Answer & Discuss
WAEC 2005
2148
Who among the following cannot be regarded as an itinerant trader
A.
Gypsy
B.
Barrow boy
C.
Pedlar
D.
Stall owner
View Answer & Discuss
WAEC 2005
2149
Which of the following will not be considered in choosing a channel of distribution?
A.
Nature of product
B.
Preferences of customers
C.
Volume of sales
D.
Quality of product
View Answer & Discuss (2)
WAEC 2005
2150
A manufacturer of goods that are seasonally demanded will be in dire need of a
A.
wealthy customer
B.
suitable means of transport
C.
warehouse
D.
large house frontage
View Answer & Discuss (2)
WAEC 2005
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