by Sunday | Mar 15 | Commerce WAEC
A. fight the guilty nations in time of war B. eliminate drug addiction among member countries C. eliminate all tariffs and quotas among member countries D. fight against child abuse in member countries Correct Answer: Option C C. eliminate all tariffs and quotas among...
by Sunday | Mar 15 | Commerce WAEC
A. supermarkets B. chain stores C. mail-order firm D. mobile shops Correct Answer: Option B B. chain stores Explanation A chain store is one of a series of shops owned by one firm and selling the same goods.
by Sunday | Mar 15 | Commerce WAEC
A. terms of trade B. exchange rate C. bank rate D. terms of payment Correct Answer: Option B B. exchange rate Explanation An exchange rate is the value of a nation’s currency in terms of the currency of another nation or economic...
by Sunday | Mar 15 | Commerce WAEC
A. hire purchase agreement B. credit sales agreement C. auction sales agreement D. conditional sales agreement Correct Answer: Option B B. credit sales agreement Explanation Credit sales: means allowances of goods to customers in order to pay in advance. Abby. The...
by Sunday | Mar 15 | Commerce WAEC
A. product B. promotion C. price D. place Correct Answer: Option A A. product Explanation In marketing, a product is an object or system made available for consumer use; it is anything that can be offered to a market to satisfy the desire or need of a consumer....