WAEC SSCE - Commerce - 2020 (Objective)

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

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

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

Examples of currents assets are?

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

production is complete when product reach the?

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

Commerce is defined as

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

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

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

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

A medium of inter-departmental communication is?

The types of occupation that a broker belongs to is?

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

One advantage of small scale retail outlet is?

A contract will not be discharged through?

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

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

The safe keeping of goods produced until they are needed 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?

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

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

In delegation of authority, the subordinate offer is?

The last link in a channel of distribution is the?

Which of the following is not an objective of ECOWAS?

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

One of the disadvantages of privatization is that it?

The additional commission paid to agents for guaranteeing payment is?

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

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

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

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

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

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

One advantage of sole proprietorship is that?

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

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

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

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

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

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

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

The share value stated on a share certificate is?

An agreement that is enforceable in law is?

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

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