WAEC: COMMERCE
Quizzes
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2014 Commerce WAEC Objective Past Questions
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2014 Commerce WAEC Theory Past Questions
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2015 Commerce WAEC Theory Past Questions
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2015 Commerce WAEC Objective Past Questions
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2016 Commerce WAEC Objective Past Questions
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2016 Commerce WAEC Theory Past Questions
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2017 Commerce WAEC Objective Past Questions
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2017 Commerce WAEC Theory Past Questions
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2018 Commerce WAEC Objective Past Questions
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2018 Commerce WAEC Theory Past Questions
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2019 Commerce WAEC Objective Past Questions
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2019 Commerce WAEC Theory Past Questions
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2020 Commerce WAEC Objective Past Questions
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2020 Commerce WAEC Theory Past Questions
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2021 Commerce WAEC Objective Past Questions
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2021 Commerce WAEC Theory Past Questions
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Question 1 of 8
1. Question
Compare a public limited company with partnership under the following headings
(a) Formation
(b) Ownership and Control
(c) Source of Capital
(d) Liability
(e) Dissolution
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Question 2 of 8
2. Question
a. Define a Multiple Shop
b. State three features of a Multiple Shop
c. Explain three advantages and three disadvantages of a Multiple Shop
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Question 3 of 8
3. Question
a. State five problems of barter system of trading
b. Explain five ways in which the introduction of money has solved the problems stated in 3 (a) above.
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Question 4 of 8
4. Question
Explain each of the following insurance concepts:
(a) Non-indemnity insurance
(b) Group insurance
(c) Re-insurance
(d) Underinsurance
(e) Consequential loss insurance
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Question 5 of 8
5. Question
a. What is packaging?
b. State three disadvantages of packaging.
c. State five reasons for the packaging of products by Manufacturers.
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Question 6 of 8
6. Question
a. Define a contract of sale
b. Outline six items that must be contained in a contract sale
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Question 7 of 8
7. Question
a. What is the stock exchange market?
b. Explain six functions of the stock exchange market.
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Question 8 of 8
8. Question
a. Explain current assets giving two examples
b. State two uses of working capital
c. The state of affairs of Zig stores as at 31st December, 2009 shows the following:
Furniture and fittings N30,000
Motor van N164,000
Stocks N76,000
Debtors N50,000
Creditors N60,000
Cash in hand N20,000
Bank overdraft N10,000
You are required to calculate Zig stores;
i. Current liabilities
ii. Current assets
iii. Working capital
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This response will be reviewed and graded after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
Responses