Commerce Past Questions

Study and practice Commerce past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.

49 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
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Past Questions

49 questions
Question 1 of 20 49 total questions
Question 1
waec 2017

Balance of payment deficit may be caused by?

Arevaluation of currency
Bsales of foreign reserves
Cunrestricted exports
Dunrestricted imports
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Question 2
waec 2017

which of the following bussinesses relies on government subvention for its operation?

Apublic corporation
Bpublic limited liability company
Cco-operative society
Dprivate limited liability company
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Question 3
waec 2017

one of the aims of ECOWAS is to?

Adiscourage foreign investors
Bpromote privatization policy
Censure production of quality goods
Dpromote trade within the region
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Question 4
waec 2017

The tranfer of government businesses to individuals is?

Acommercialization
Bprivatization
Cderegulation
Dnationalization
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Question 5
waec 2017

which of the following is a type of marine insurance.

Aendowment
Bhull
Cfidelity
Daccident
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Question 6
waec 2017

which of the following countries is a member of the lake chad basin commission

AThe Gambia
BCameroon
CGhana
DGuinea
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Question 7
waec 2017

the law that protects a musician's work from piracy is?

Ausury law
Bcopyright law
Ctrademark
Dhire purchase
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Question 8
waec 2017

under the principle of subrogation, the insurer has the right to?

Aabrogate the contract
Bre-insure the property
Ctake over any legal rights of the insured
Dtake over all the liabilities of the insured
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Question 9
waec 2017

The organisation of local and international trade fairs is the responsibilty of

Atrade aasociations
Blabour unions
Cchamber of commerce
Dcustom and excise authorities
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Question 10
waec 2017

which of the following is not a tool for sale

Apublicity
Bexhibition
Ccompetition
Dfree samples
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Question 11
waec 2017

The term which enjoins a buyer to examine goods thoroughly before making payment is?

Auberimae fidei
Bcaveat venditor
Cconsumer sovereignty
Dcaveat emptor
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Question 12
waec 2017

The coming together of people who engage in trade and industry in a particular area is?

Aan employers association
Ba trade association
Ca chamber of commerce
Da trade union
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Question 13
waec 2017

The right of an unpaid seller doesnt include?

Adeclaring the buyer bankrupt
Bretaining the possession of the goods
Cstopping the goods while in transit
Dreselling the goods
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Question 14
waec 2017

The process of placing the right people in the right position in an organisation is?

Aplanning
Bmotivating
Cstaffing
Ddirecting
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Question 15
waec 2017

ocean liners are vessels that?

Asail anytime to anyplace where there is cargo
B
Ccarry only cargo
Dcarry only liquid
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Question 16
waec 2017

an example of a computer output device is a?

Akeyboard
Bmouse
Cmonitor
Dscanner
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Question 17
waec 2017

the marketing mix element which ensures that goods are available where and when needed is? 

Aplace
Bprice
Cproduct
Dpromotion
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Question 18
waec 2017

An agreement between two people which can be  enforced is?

Aa contract
Ban offer
C
Da consideration
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Question 19
waec 2017

a machine supplied by a post office to an organisation to imprints stamps on their letters is?

Avending machin
Bshredding machine
Cautomated teller machine
Dfranking machine
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Question 20
waec 2017

which of the following activities is aimed at closing sales.

Ainsurance
Bbanking
Cwarehousing
Dadvertising
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