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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
Meaning, scope, characteristics and functions of Commerce
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Balance of trade/payment, terms of trade
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Roles of Customs, Excise, Ports Authority
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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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2166
The people involved in the formation of new companies are called?
A.
members
B.
directors
C.
shareholders
D.
promoters
View Answer & Discuss
WAEC 2005
2167
Commercial activities among West African countries are greatly hindered by
A.
nationalization decree
B.
lack of an acceptable medium of exchange
C.
good road network
D.
too many commercial banks
View Answer & Discuss
WAEC 2005
2168
Which of the following makes it an offense for a trader to make untrue statement about his goods?
A.
Consumerism
B.
Consumer Credit Act
C.
Trade Description Act
D.
Price Control Act
View Answer & Discuss
WAEC 2005
2169
Which of the following is a means by which a contract of agency could be terminated?
A.
Mutual agreement
B.
Lack of consideration
C.
Failure to insure the contract
D.
Payment of commission
View Answer & Discuss
WAEC 2005
2170
Which of the following would be necessary before the introduction of a new product?
A.
Product differentiation
B.
Target marketing
C.
Market research
D.
Market segmentation
View Answer & Discuss
WAEC 2005
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