WAEC SSCE - Commerce - 2023 (Objective)
Pergunta 1 Relatório
The rate at which a country's export exchange for its imports is
Detalhes da Resposta
Pergunta 3 Relatório
In a contract of sale, the amount deposited with the seller for a particular product by a buyer is
Detalhes da Resposta
Pergunta 5 Relatório
A business that can obtain capital through of sale of shares is a
Detalhes da Resposta
Pergunta 6 Relatório
Use the diagram to answer the question
The two lines on the instrument shows that it is
Detalhes da Resposta
Pergunta 7 Relatório
The management function that is concerned with coordinating business resources efficiently is
Detalhes da Resposta
Pergunta 8 Relatório
An organization that could strive for improvement in electricity and telephone services to users is
Detalhes da Resposta
Pergunta 10 Relatório
Divesting government interest in a business to the public is
Detalhes da Resposta
Pergunta 12 Relatório
A document in which the internal regulations of a company are stated is
Detalhes da Resposta
Pergunta 13 Relatório
Operating a state owned enterprise with the intention of making more profit is
Detalhes da Resposta
Pergunta 15 Relatório
A factor to be considered in selecting a means of transporting fish is the
Detalhes da Resposta
Pergunta 16 Relatório
Consumers could be encouraged to purchase a company's products through
Detalhes da Resposta
Consumers could be encouraged to purchase a company's products through advertisement. Advertisement is a form of marketing communication that is used to persuade and encourage consumers to buy a product or service. It involves creating awareness and promoting the features and benefits of a product or service to a target audience through various media channels such as television, radio, newspapers, magazines, social media, and billboards. Effective advertisement campaigns are designed to create a favorable impression of a company's product in the minds of consumers, ultimately leading to increased sales and revenue for the company.
Pergunta 17 Relatório
Use the diagram to answer the question
The instrument in the diagram is a
Detalhes da Resposta
Pergunta 18 Relatório
When a seller wishes to be paid before supplying goods, he would send the buyer a
Detalhes da Resposta
Pergunta 19 Relatório
A bill of lading that is tagged clean means that the goods being delivered are
Detalhes da Resposta
Pergunta 22 Relatório
The arrangement for the conveyance of goods abroad is performed by the
Detalhes da Resposta
Pergunta 23 Relatório
The function of money that makes it generally acceptable is
Detalhes da Resposta
Pergunta 24 Relatório
A voluntary association of businessmen who are not in the same line of business is a
Detalhes da Resposta
Pergunta 25 Relatório
Which of the following is not a right of a consumer?
Detalhes da Resposta
The right to buy on credit is not a right of a consumer. This is because credit is not a right but a privilege, which is extended to a consumer based on their creditworthiness. While consumers have the right to obtain credit if they meet the requirements, they do not have an inherent right to buy on credit. The other options listed are all rights of consumers. The right to a fair hearing ensures that consumers have a chance to express their views when there is a dispute. The right to obtain replacement guarantees that consumers can replace products that are faulty or defective. The right to a safe product ensures that products meet safety standards and do not pose a risk to consumers.
Pergunta 27 Relatório
The means by which a firm obtains information before introducing new products is
Detalhes da Resposta
Pergunta 28 Relatório
Advertising designed to sell more of a company's products than other brands is
Detalhes da Resposta
Pergunta 33 Relatório
The excess value of total assets over total liabilites is
Detalhes da Resposta
Pergunta 34 Relatório
Which of the following countries is not a member of the European Union?
Detalhes da Resposta
Pergunta 35 Relatório
An advantage of road transport over other means of transport is that
Detalhes da Resposta
Pergunta 37 Relatório
The bank that conducts research on an economy, thereby identifying obstacles to growth is the
Detalhes da Resposta
Pergunta 38 Relatório
Buying and selling products through a network of digital devices is
Detalhes da Resposta
Pergunta 39 Relatório
Use the diagram to answer the question
The instrument will not be valid on
Detalhes da Resposta
Pergunta 40 Relatório
Which of the following activities does not belong to the extractive industry?
Detalhes da Resposta
Pergunta 42 Relatório
A reduction in the value of a country's currency in relation to that of other countries is
Detalhes da Resposta
Pergunta 43 Relatório
The business in which sale of goods involves use of vehicles is a
Detalhes da Resposta
Pergunta 46 Relatório
The department that ensures that products are made available to consumers is
Detalhes da Resposta
Pergunta 47 Relatório
Which of the following modes of transport could be used to convey both liquid and gas?
Detalhes da Resposta
