WAEC Commerce Past Questions & Answers - Page 317

1,581.

For continuous existence, a service oriented concern depends on?

A.

liquid assets

B.

middlemen

C.

patronage of consumers

D.

legislation of the ruling political party

E.

staff strength of the concern

Correct answer is C

No explanation has been provided for this answer.

1,582.

The essence of marketing is?sales

A.

exchange

B.

sales

C.

trade

D.

research

E.

profit

Correct answer is B

Marketing is the process of getting potential clients or customers interested in your products and services. It is done to promote the buying or selling of a product or service.

1,583.

Which of the following documents contains the complete information on goods available in the wholesaler's warehouse? the

A.

catalogue

B.

order

C.

consignment note

D.

invoice

E.

delivery note

Correct answer is A

No explanation has been provided for this answer.

1,584.

Which mode of transport would you suggest as the most suitable for natural gas?

A.

Air

B.

Sea

C.

Pipeline

D.

Road

Correct answer is C

Pipeline transport is the transportation of liquid or gas products through a system of pipes. Petroleum and gas products are normally transported through this method of transportation.

1,585.

A shipping company's document detailing the charges for carrying a particular cargo for a specified journey is known as?

A.

dock warrant

B.

freight note

C.

carriage forward

D.

weight note

E.

credit note

Correct answer is B

No explanation has been provided for this answer.