QUESTIONS ON PREVIOUSLY TREATED TOPICS
Hey Guyz, Happy Mid-week. This post is coming late cos of
some issues but it is here now and that is what matters. Hope last week was a
blast for you cos it was amazing for me. To God Alone be All the Glory, Jesus
is Lord. We are treating questions on all the Topics we have treated just to
warm us up and warm up our memory, and to really determine our understanding
level of those Topics, lolz. So let's get Started.
1. Which of the following is not true of Commerce?
a. It is part of production
b. It is the life blood of a nation's economic activities
c. Commercial Activities begin after the goods are produced
d. It has nothing to do with goods and services (WAEC 1994).
2. Which of the following is not a Factor of Production?
a. Profit
b. Entrepreneur
c. Capital
d. Land (WAEC 1994).
