Commerce Past Questions

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

90 questions
Question 1 of 20 90 total questions
Question 1
waec 2020

Which of the following is not an objective of ECOWAS?

Apromotion of a common language
Bimprovement of infrastructural facilities
Cencouragement of free movement of people
Dencouragement of trade among member coutries
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Question 2
waec 2020

A medium of inter-departmental communication is?

Aintercom
Bnotice board
Cradiophone
Dcircular
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Question 3
waec 2020

In delegation of authority, the subordinate offer is?

Aaccountable to his immediate superior
Bresponsible for his superiors actions
Conly answerable to top management
Dexpected to replace his superior
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Question 4
waec 2020

The management function which involves measuring outcomes and taking corrective action to reduce error is?

Astaffing
Borganizing
Cdirecting
Dcontrolling
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Question 5
waec 2020

One of the disadvantages of privatization is that it?

Apromotes inefficiency of staff
Bbrings about economic decline
Creduces government revenue
Dcauses increase in the prices of products
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Question 6
waec 2020

The transfer of ownership of a business from government to the public is?

Acommercialization
Bderegulation
Cprivatization
Dmerger
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Question 7
waec 2020

The additional commission paid to agents for guaranteeing payment is?

Abrokerage
Bdel credere
Cdrawback
Ddemurrage
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Question 8
waec 2020

A person engaged for the purpose of bringing his principal and a third party into a contractual relation is?

Aan arbiter
Ban auctioneer
Can agent
Dmiddlemen
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Question 9
waec 2020

A contract will not be discharged through?

Aacceptance
Baggrement
Cbreach
Dperformance
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Question 10
waec 2020

An agreement that is enforceable in law is?

Aan offer
Ba consideration
Ca contract
Dan acceptance
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Question 11
waec 2020

The marketing term which regards the consumer as king that must be satisfied is?

Amarket segmentation
Bmarket research
Cmarketing concept
Dmarketing mix
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Question 12
waec 2020

Which of the following is not a component of the marketing mix?

Aproduct
Bproduction
Cpromotion
Dplace
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Question 13
waec 2020

The activity which improves the appearance of a product and also aimed at protecting it is? 

Aadvertising
Bgrading
Clabelling
Dpackaging
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Question 14
waec 2020

The face-to-face meeting of the seller with the buyer for the purpose of making sales is?

Amass selling
Bimpulse buying
Cpersonal selling
Dsales promotion
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Question 15
waec 2020

A paid presentation about a product with a view to encouraging by an identified sponsor is?

Apublicity
Bpersonal selling
Csales promotion
Dadvertisement
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Question 16
waec 2020

One of the objectives of the niger basin commission is to?

Aregulate the movement of citizens across the borders
Bimpose tariff and quota on non-members
Cregulate the movement of cargo along the river
Dstreamline the construction of dams on the river
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Question 17
waec 2020

The safe keeping of goods produced until they are needed is?

Ahoarding
Bmarking
Cpackaging
Dwarehousing
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Question 18
waec 2020

A specially-designed mode of transport for conveying liquid and gas is a?

Acoaster
Btanker
Cliner
Dferry
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Question 19
waec 2020

A cheque that could be cashed over the counter by the payee is?

Acertified cheque
Bcrossed cheque
Copen cheque
Dbank draft
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Question 20
waec 2020

When a company insures the lives of all its employees collectively, the policy is?

Aaccident insurance
Bfleet insurance
Cfidelity guarantee insurance
Dgroup insurance
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