WAEC Past Questions and Answers - Page 452

2,256.

Which of the following functions is not performed by as small retailer?

A.

Selling in units to consumers

B.

Financing producers

C.

Buying from wholesaler

D.

Selling goods on credits

E.

Stocking a variety of goods

Correct answer is B

No explanation has been provided for this answer.

2,257.

Manufacturing ends when goods?

A.

are advertised to the customers

B.

and services are used by the producers

C.

are packed and labelled

D.

are sold in the markets

E.

reach the final user

Correct answer is E

No explanation has been provided for this answer.

2,258.

The minimum number of membership for a public limited company is?

A.

two

B.

seven

C.

seventeen

D.

twenty

E.

fifty

Correct answer is B

No explanation has been provided for this answer.

2,259.

Nearness to a city centre and a busy street is a necessary condition for sitting?

A.

a market place

B.

a sales office

C.

an accounts office

D.

an advertising office

E.

A wholesale warehouse

Correct answer is E

No explanation has been provided for this answer.

2,260.

Which of the following is common to both large and small firms?

A.

Lower running cost

B.

Personal attention to customers

C.

Large capital

D.

Profit making

E.

Opening On public holidays

Correct answer is D

No explanation has been provided for this answer.