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.

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

131 questions
Question 1 of 20 131 total questions
Question 1
waec 2022

The agreement which led to the formation of the West African Clearing House was signed in

AGambia
BSierra Leone
CNigeria
DGhana
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Question 2
waec 2022

One of the aims of ECOWAS is to

Apromote commereialization policies
Bpromote commereializati10n policies
Cdiscourage foreign investors
Densure production of quality goods
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Question 3
waec 2022

Which of the following is not a function ol management?

AControlling
BDelegating
CDirecting
DOrganizing
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Question 4
waec 2022

An organizational chart of a company shows the

Aarrangement of equipment in the company
Bfinancial status of employees in the company
Cgeographical location of the company
Dhierarchy of staff in the company
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Question 5
waec 2022

The number of subordinates a head of department supervises is

Aunity of command
Bchain of command
Cspan of control
Dunity of direction
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Question 6
waec 2022

A disadvantage of privatization is

Ahigh motive for profit than public interest
Bdecline in the supply of goods
Cless efficiency in production of goods
Dincrease in government expenditure
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Question 7
waec 2022

A requirement for an offer to be valid is that it should be

Awitnessed by a third party
Bsomething of value
Cmade to one person only
Dcommunicated to the offeree
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Question 8
waec 2022

An agency agreement in which the principal approves the action of his authorized representative is agency by

Aratification
Bnecessity
Cimplication
Destoppel
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Question 9
waec 2022

The purpose of commercialization is to

Amake state-owned firms more efficient
Benable state-owned firms pay tax
Cencourage the flow of foreign capital
Dencourage greater participation of the private sector
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Question 10
waec 2022

The act of removing government laws and allowing market forces to determine prices is

Acommercialization
Bderegulation
Cdivestiture
Dprivatization
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Question 11
waec 2022

The law by which a seller transfers the property in goods to a buyer at an agreed price is the 

AWeights and Measures Act
BTrade Description Act
CSale of Goods Act
DFoods and Drugs Act
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Question 12
waec 2022

Advertisement which is geared towards a particular audience is

Adirect advertising
Bindirect advertising
Cmass advertising
Dpersuasive advertising
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Question 13
waec 2022

Which of the following is not a right of a consumer?

ARight to a fair hearing
BRight to buy on credit
CRight to obtain replacement
DRight to a safe product
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Question 14
waec 2022

An undertaking to repair a customer's vehicle for a certain period after it has been sold is 

AAfter-sales service
Bmarketing mix
Cmarket segmentation
Dsales promotion
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Question 15
waec 2022

The marketing concept emphasizes

Asale of goods directly to customers
Buse of promotional tools to stimulate sales
Cmass production of goods
Dconsumer's satisfaction at a profit
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Question 16
waec 2022

Consumers could be encouraged to purchase a company's products through

Aresearch
Bplanning
Cdistribution
Dadvertisement
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Question 17
waec 2022

The commission on a postal order is

Atariff
Bpoundage
Cbrokerage
Dfee
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Question 18
waec 2022

An advantage of rail transport is that it

Ais less expensive to maintain
Bis not prone to delays
Cbulky and heavy goods
Denhances door-to-door delivery
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Question 19
waec 2022

Payment made to a carrier for transportation of goods is

Afrights
Bfee
Cfare
Dduty
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Question 20
waec 2022

Sea vessels that do not operate on regular times and routes are

Atramps
Bocean liners
Ccontainer ships
Dferries
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