WAEC SSCE - Commerce - 2020 (Objective)

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

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

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

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

One advantage of small scale retail outlet is?

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

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

In delegation of authority, the subordinate offer is?

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

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

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

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

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

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

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

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

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

Examples of currents assets are?

An agreement that is enforceable in law is?

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

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

A contract will not be discharged through?

One advantage of sole proprietorship is that?

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

Which of the following is not an objective of ECOWAS?

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

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

The share value stated on a share certificate is?

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

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

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

The last link in a channel of distribution is the?

The types of occupation that a broker belongs to is?

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

One of the disadvantages of privatization is that it?

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

production is complete when product reach the?

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

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

Commerce is defined as

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

The additional commission paid to agents for guaranteeing payment is?

A medium of inter-departmental communication is?

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

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

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

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

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

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

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