by Sunday | Jul 28 | Commerce WAEC
A. the balance of trade is favourable B. exports are less than imports C. imports are less than export D. exports are decreasing E. the balance of payments is unfavourable Correct Answer: Option B – exports are less than...
by Sunday | Jul 28 | Commerce WAEC
A. takes title to the goods he sells B. does not own the goods he sells C. earns a commission for serving as an agent D. sometimes makes retail sales E. engages in merchandising Correct Answer: Option A – takes title to the goods he...
by Sunday | Jul 28 | Commerce WAEC
A. an indication that the seller is out of business B. an indication that the goods are out of stock C. a polite way of asking him to return the goods already purchased D. an invitation to the purchaser to buy on hire-purchase E. an indication that credit will not be...
by Sunday | Jul 28 | Commerce WAEC
A. a letter of inquiry B. a catalogue C. an invoice D. an order E. a tender invoice Correct Answer: Option D – an order
by Sunday | Jul 28 | Commerce WAEC
A. hawkers B. roadside traders C. mobile shops D. chain stores E. mail-order business Correct Answer: Option E – mail-order business
by Sunday | Jul 28 | Commerce WAEC
A. Producer co-operative B. Consumer co-operative C. Thrift and Credit Society D. Department store E. Multiple shops Correct Answer: Option B – Consumer co-operative