WAEC Commerce questions

304 questions with answers and explanations. Tap an option to check yourself.

All topics Advertising and marketing · 16 Business management and environment · 15 Commerce and its scope · 16 Communication · 17 Computers and ICT in business · 15 Consumer protection · 16 Documents used in trade · 18 Elements of commercial law · 16 Financing a business · 16 Foreign trade · 19 Forms of business organisation · 19 Home trade: retail and wholesale · 19 Insurance · 18 Money and banking · 19 Occupation and production · 17 The stock exchange · 17 Transport · 16 Warehousing · 15

Question 281· Transport· WAEC
A ship that sails on fixed routes at fixed times is
Show answer
Answer: D. a liner
Explanation and discussion
Question 282· Transport· WAEC
The cheapest means of transporting bulky goods over long distances by sea is
Show answer
Answer: B. ship
Explanation and discussion
Question 283· Transport· WAEC
Air transport is most suitable for
Show answer
Answer: B. light, valuable or perishable goods over long distances
Explanation and discussion
Question 284· Transport· WAEC
The document showing the terms on which a ship is hired is a
Show answer
Answer: A. charter party
Explanation and discussion
Question 285· Transport· WAEC
Pipelines are mainly used to transport
Show answer
Answer: A. crude oil and gas
Explanation and discussion
Question 286· Transport· WAEC
Tramp ships
Show answer
Answer: A. have no fixed routes or timetables
Explanation and discussion
Question 287· Transport· WAEC
An advantage of road transport is
Show answer
Answer: A. door-to-door delivery
Explanation and discussion
Question 288· Transport· WAEC
The cheapest means of moving bulky goods such as coal over long distances by land is
Show answer
Answer: D. rail
Explanation and discussion
Question 289· Transport· WAEC
Containerisation helps to
Show answer
Answer: B. reduce handling costs and theft
Explanation and discussion
Question 290· Warehousing· WAEC
A warehouse keeper's warrant is
Show answer
Answer: A. a document of title to goods in a warehouse
Explanation and discussion
Question 291· Warehousing· WAEC
A bonded warehouse is owned or controlled by
Show answer
Answer: D. customs authorities or licensed operators
Explanation and discussion
Question 292· Warehousing· WAEC
A warehouse owned by a manufacturer for its own goods is
Show answer
Answer: D. a private warehouse
Explanation and discussion
Question 293· Warehousing· WAEC
Goods in a bonded warehouse may be
Show answer
Answer: B. re-exported without paying import duty
Explanation and discussion
Question 294· Warehousing· WAEC
A warehouse owned by a manufacturer for storing its own goods is a
Show answer
Answer: D. private warehouse
Explanation and discussion
Question 295· Warehousing· WAEC
A warehouse near a seaport mainly serves to
Show answer
Answer: B. store imported goods before distribution
Explanation and discussion
Question 296· Warehousing· WAEC
A cold room is a warehouse for
Show answer
Answer: C. perishable goods
Explanation and discussion
Question 297· Warehousing· WAEC
A document that shows ownership of goods in a warehouse and can be transferred is a
Show answer
Answer: A. warehouse warrant
Explanation and discussion
Question 298· Warehousing· WAEC
Cold rooms are especially important for storing
Show answer
Answer: B. perishable goods such as fish and meat
Explanation and discussion
Question 299· Warehousing· WAEC
A bonded warehouse stores
Show answer
Answer: B. imported goods on which duty has not yet been paid
Explanation and discussion
Question 300· Warehousing· WAEC
A dock warrant is a
Show answer
Answer: C. document of title to goods stored at a dock warehouse
Explanation and discussion

Practise Commerce like the real exam. A timed CBT, your score, and the topics to fix.

Start a Commerce test

WAEC Commerce questions

A ship that sails on fixed routes at fixed times is

The cheapest means of transporting bulky goods over long distances by sea is

Air transport is most suitable for

The document showing the terms on which a ship is hired is a

Pipelines are mainly used to transport

Tramp ships

An advantage of road transport is

The cheapest means of moving bulky goods such as coal over long distances by land is

Containerisation helps to

A warehouse keeper's warrant is

A bonded warehouse is owned or controlled by

A warehouse owned by a manufacturer for its own goods is

Goods in a bonded warehouse may be

A warehouse owned by a manufacturer for storing its own goods is a

A warehouse near a seaport mainly serves to

A cold room is a warehouse for

A document that shows ownership of goods in a warehouse and can be transferred is a

Cold rooms are especially important for storing

A bonded warehouse stores

A dock warrant is a