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WAEC Commerce questions

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

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

  1. Question 301· Warehousing· WAEC

    Cold storage warehouses are used for

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    Answer: D. perishable goods such as fish and meat

    Explanation and discussion

  2. Question 302· Warehousing· WAEC

    Warehousing creates which kind of utility?

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    Answer: D. time utility

    Explanation and discussion

  3. Question 303· Warehousing· WAEC

    Warehousing mainly creates

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    Answer: A. time utility

    Explanation and discussion

  4. Question 304· Warehousing· WAEC

    A warehouse where imported goods are stored until customs duty is paid is a

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    Answer: D. bonded warehouse

    Explanation and discussion

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