WAEC SSCE - Commerce - 2020 (Objective)

The additional commission paid to agents for guaranteeing payment is?

One advantage of sole proprietorship is that?

A business unit in which savings of members are lent to others is a?

The issue of shares which allows existing shareholders to buy shares at a preferential price is?

The right to buy or sell stock exchange with a stipulated period is?

A form of money which was not used in the early days to trade is?

Goods brought into the country for sale are the country`s?

The management function which involves measuring outcomes and taking corrective action to reduce error is?

Which of the following activities is not an example of the extractive industry?

A specially-designed mode of transport for conveying liquid and gas is a?

An association formed by computer distributors to safeguard and promote their interest is a? 

Which of the following is not a component of the marketing mix?

In delegation of authority, the subordinate offer is?

One advantage of small scale retail outlet is?

The part of issued share capital that the company has asked the subscribers to pay for is?

Examples of currents assets are?

A request for goods from another country by an importer would be made using?

The activity which improves the appearance of a product and also aimed at protecting it is? 

A paid presentation about a product with a view to encouraging by an identified sponsor is?

The share value stated on a share certificate is?

A partner whose name is used to boost the image of the business and does not contribute capital is a?

A contract will not be discharged through?

A person engaged for the purpose of bringing his principal and a third party into a contractual relation is?

Which of the following is not a function of a consumer association?

A discount deducted from the invoice price of goods to enable the retailer to make profit is?

A medium of inter-departmental communication is?

The financial market where existing shares and bonds are bought and sold is the?

One of the objectives of the niger basin commission is to?

production is complete when product reach the?

One of the disadvantages of privatization is that it?

The document issued to a public company allowing it to commence business is the?

The issue of prospectus by a company is an invitation to members of the public to?

The difference between a country`s imports and exports of goods in a particular year is?

The safe keeping of goods produced until they are needed is?

Which of the following is not an objective of ECOWAS?

The marketing term which regards the consumer as king that must be satisfied is?

The factor of production which bear all the risk of the business is?

When a company insures the lives of all its employees collectively, the policy is?

The face-to-face meeting of the seller with the buyer for the purpose of making sales is?

When the cost of sales is divided by the average stock, the result is?

A document issued by the seller`s own courier and signed by the customer to acknowledge receipt of the goods is?

The types of occupation that a broker belongs to is?

An agreement that is enforceable in law is?

A feature of supermarkets which distinguishes it from other large scale retail outlets is that items sold are?

The bank which acts as the lender of last resort is the?

Commerce is defined as

The last link in a channel of distribution is the?

An insurance policy which is not a contract of indemnity is?

A cheque that could be cashed over the counter by the payee is?

The transfer of ownership of a business from government to the public is?