Get Free WAEC GCE Commerce Essay Objective 2025 Questions and Answers for Private Candidates | WAEC GCE Commerce Questions and Answers (2nd December, 2025)
The West African Examinations Council (WAEC) has officially announced that the 2025 WAEC GCE Commerce Essay and Objective exams will take place on Tuesday, 2nd December, 2025. For private candidates, this subject offers a chance to demonstrate strong understanding of trade, business operations, marketing, and finance.
This comprehensive guide will cover the exam schedule, the importance of commerce, sample questions and answers, preparation tips, and strategies to excel in the WAEC GCE Commerce Essay Objective 2025 examination.
Official Exam Schedule for Commerce – Tuesday, 2nd December, 2025
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Commerce 2 (Essay): 2 hours – 13:00 hrs – 15:00 hrs.
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Commerce 1 (Objective): 50 minutes – 15:00 hrs – 15:50 hrs.
Candidates are expected to come prepared, be punctual, and follow all examination rules to avoid disqualification.
Importance of WAEC GCE Commerce Essay Objective 2025
Commerce is one of the most practical subjects in WAEC. It equips students with knowledge needed for everyday life and business. The WAEC GCE Commerce Essay Objective 2025 exam evaluates a candidate’s ability to:
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Understand trade principles and commercial activities.
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Apply marketing, insurance, and banking concepts.
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Analyze modern business structures and challenges.
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Demonstrate knowledge of import/export trade.
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Answer both essay and objective questions accurately.
Mastering this subject is useful for careers in accounting, management, law, banking, and entrepreneurship.
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WAEC GCE Commerce Essay (Paper 2)
The Essay paper tests deeper knowledge and requires candidates to write structured answers.
Sample Essay Questions
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Explain five advantages and five disadvantages of sole proprietorship.
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Discuss the functions of the Nigerian Stock Exchange.
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Outline and explain the main features of international trade.
Sample Answer Outline (for Question 1)
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Advantages of Sole Proprietorship:
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Quick decision-making.
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Low start-up cost.
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Direct control by owner.
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Close relationship with customers.
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Retention of all profits.
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Disadvantages of Sole Proprietorship:
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Limited capital.
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Unlimited liability.
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Lack of continuity.
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Limited managerial skills.
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Difficulties in expansion.
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This type of essay requires clear explanations and real-life examples.
SEE ALSO
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WAEC GCE Commerce Objective (Paper 1)
The Objective paper tests quick knowledge through multiple-choice questions.
Sample Objective Questions
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Which of the following is a function of a commercial bank?
a) Making laws
b) Accepting deposits ✅
c) Printing money
d) Conducting elections -
The main difference between retail and wholesale trade is:
a) Retail involves selling in bulk
b) Retail sells directly to consumers ✅
c) Wholesale involves services only
d) Wholesale does not need capital -
The insurance principle that states “no profit shall arise from an insurance contract” is called:
a) Contribution
b) Subrogation
c) Utmost Good Faith
d) Indemnity ✅
Objective questions test accuracy and speed, so practice is essential.
Preparation Tips for WAEC GCE Commerce Essay Objective 2025
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Revise Past Questions: Study at least 10 years of WAEC Commerce past questions.
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Use Diagrams: Flowcharts and tables help explain concepts clearly.
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Practice Essay Writing: Write practice essays within exam time limits.
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Understand Key Terms: Memorize definitions in insurance, banking, and trade.
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Take Mock Tests: Practice with multiple-choice questions regularly.
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Time Management: Balance essay writing with objective answering.
Common Mistakes Students Make in WAEC GCE Commerce
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Failing to define technical terms in essays.
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Providing vague answers without examples.
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Poor handwriting and disorganized essay structure.
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Guessing in objective questions instead of careful analysis.
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Arriving late or unprepared on exam day.
Avoiding these errors can significantly improve performance.
Exam Day Guidelines
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Be seated at least 30 minutes before the exam starts.
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Carry only approved materials (pens, rulers, ID cards).
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Do not engage in malpractice—WAEC is strict on examination ethics.
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Manage your time carefully: spend enough time on essays but keep objective answers quick and accurate.
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Stay calm and focused throughout the exam.
Conclusion
The 2025 WAEC GCE Commerce Essay Objective scheduled for Tuesday, 2nd December, 2025 is a vital exam for private candidates. By mastering past questions, revising key concepts in trade, marketing, insurance, and finance, and practicing both essay and objective formats, students can perform excellently.
Preparation is the ultimate key. With consistent study, time management, and self-confidence, candidates can approach the WAEC GCE Commerce Essay Objective 2025 with certainty and secure excellent results that will strengthen their academic and professional journey.