by Sunday | Mar 14 | Commerce WAEC
A. import, export and transportation B. trade, communication and warehouse C. import, trade and production D. trade and auxiliaries to trade Correct Answer: Option D D. trade and auxiliaries to trade Explanation The branches of commerce comprise two fundamental...
by Sunday | Mar 14 | Commerce WAEC
A. quarrying B. carving C. mining D. agriculture Correct Answer: Option B B. carving Explanation Any processes that involve the extraction of raw materials from the earth to be used by consumers. The extractive industry consists of any operations that remove metals,...
by Sunday | Mar 14 | Commerce WAEC
A. continuity B. expansion C. liquidation D. re-incorporation Correct Answer: Option C C. liquidation Explanation Insolvency is the state of being unable to pay the money owed, by a person or company, on time; those in a state of insolvency are said to be insolvent....
by Sunday | Mar 14 | Commerce WAEC
A. a commercial service B. an indirect service C. a direct service D. a self-service E. specialized service Correct Answer: Option B B. an indirect service Explanation Indirect services: Indirect service occupation describes those occupations whose services are not...
by Sunday | Mar 14 | Commerce WAEC
A. Asians B. Europeans C. Americans D. Africans Correct Answer: Option B B. Europeans Explanation By 1900 much of Africa had been colonized by seven European powers—Britain,France, Germany, Belgium, Spain, Portugal, and Italy. After the conquest of African...