West African Examinations Council
WASSCE Commerce · Paper 2 — Essay
Written answers, marked against a rubric.
8 exam-style questions, written to the West African Examinations Council format and free to read. The answers are here too — what they do not tell you is how many you would get right with a clock running.
1. (a) Define a sole proprietorship. [3 marks]
(b) State and explain five advantages of a sole proprietorship. [10 marks]
(c) Outline four disadvantages of this form of business. [7 marks]
2. (a) Name four modes of transport used in commerce. [4 marks]
(b) State and explain five advantages of water transport for bulky goods. [10 marks]
(c) Outline three problems of road transport in Nigeria. [6 marks]
3. (a) Define a commercial bank. [3 marks]
(b) State and explain five services rendered by commercial banks to traders. [10 marks]
(c) Outline four problems facing commercial banks in Nigeria. [7 marks]
4. (a) Define advertising. [3 marks]
(b) State and explain five functions of advertising in commerce. [10 marks]
(c) Outline four criticisms commonly made of advertising. [7 marks]
5. (a) What is a warehouse? [3 marks]
(b) State and explain five functions of warehousing. [10 marks]
(c) Outline four factors to consider when siting a warehouse. [7 marks]
6. (a) Distinguish between home trade and foreign trade. [4 marks]
(b) State and explain five documents used in foreign trade. [10 marks]
(c) Outline three problems facing foreign trade in Nigeria. [6 marks]
Reading these is not the same as sitting them.
Every question above is answerable given time. The exam does not give you time. Sit the whole paper on the real clock and the number you get back is the one that means something.
Sit it against the clock — freeExampaper is an independent study service. It is not affiliated with, endorsed by, or connected to WAEC, NECO, JAMB or any examination body. Exam names and subject titles are used only to describe what each paper is for.