WAEC Commerce Past Questions & Answers - Page 265

1,321.

The following factor must be considered before setting up a retail business except?

A.

capital

B.

experience

C.

location

D.

size of market

E.

public relationship

Correct answer is E

No explanation has been provided for this answer.

1,322.

In large offices where a large number of mails is posted daily,which of the following quickens the stamping of envelopes?

A.

Franking

B.

Collating

C.

Sorting

D.

Trimming

E.

Shredding

Correct answer is A

No explanation has been provided for this answer.

1,323.

Bonded warehouse are controlled by?

A.

wholesale merchants

B.

Co-operative wholesale society

C.

Shipping and forwarding agencies

D.

Customs and Excise authorities

E.

Freight forwarders

Correct answer is D

No explanation has been provided for this answer.

1,324.

Parties to bill of exchange that is endorsed to a third party are the?

A.

drawer, payee, creditor

B.

drawer, drawee, debtor

C.

payee, drawee, debtor

D.

drawer, drawee, payee

E.

creditor, debtor, drawer

Correct answer is D

No explanation has been provided for this answer.

1,325.

Organization licensed and authorized to deliver fast malls, and parcels are engaged in?

A.

courier services

B.

career services

C.

post-free sevices

D.

haulage services

E.

transport services

Correct answer is A

No explanation has been provided for this answer.