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.

4,313 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
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Past Questions

4,313 questions
Question 1 of 20 4,313 total questions
Question 1201
jamb 2005
The type of communication from a superior to a subordinate in an organization is referred as?
Ahorizontal communication
Blateral communication
Cdownward communication
Dupward communication
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Question 1202
jamb 2005
The difference between personal selling and sales promotion is that while sales promotion includes free gifts and samples, personal selling involves?
Adistributing instructional posters
Bface-to-face communication with customers
Cpremium programming for customers
Dpublishing promotional booklets
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Question 1203
jamb 2005
Commercialization of government corporations brings about an increase in the level of?
Amoney supply in the economy
Bdistrust among business operators
Ccompetition among business operators
Dsocial responsibility
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Question 1204
jamb 2005

The computer that functions by taking discrete numbers and performing mathematical calculations is called?

Amainframe
Bdigital
Chybride
Danalogue
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Question 1205
jamb 2005
The compensation the insured gets depends heavily on the?
Aeconomic situation
Bpremium paid
Crisk suffered
Dinsurer's bouyancy
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Question 1206
jamb 2005
The primary objective of consumer protection laws is to ensure that?
Aconsumers derive maximum satisfaction from goods and services
Bconsumers buy goods and services at cheap rates
Cmanufacturers of goods and services provides overcome internal competition
Dmanufacturers of goods and services provides gets optimum profit
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Question 1207
jamb 2005
The most dangerous pollution is?
Awater
Bnoise pollution
Csoil pollution
Dair pollution
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Question 1208
jamb 2005
The most important right of the employee in discharging his duties to the employer is the right to?
Aregular emolument
Bjob security
Cworking facilities
Dannual leave
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Question 1209
jamb 2005
A major disadvantage of the privatization policy is that?
Athe economy would be private-sector-led
Bcitizens would benefit less from government
Cmore money would be bought into circulation
Dgovernment would loss control of the economy
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Question 1210
jamb 2005
The Lake Chad Basin Commission was formed in?
A1974
B1984
C1954
D1964
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Question 1211
jamb 2005
Which part of the computer system does the keyboard device belong to?
AOutput unit
BLogic unit
CInput unit
DControl unit
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Question 1212
jamb 2005
The most important benefit of insurance is that it provides?
Acontrol over activities
Bthe insured with a right to premium
Cthe insured with a right to full compensation
Dprotection against risks
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Question 1213
jamb 2005

A floating policy is an example of?

Amarine insurance
Bactuaries insurance
Cmotor insurance
Dfire insurance
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Question 1214
neco 2004
The organisation of petroleum exporting countries (OPEC) is an example of a/n......
Aamalgamation
Bcartel
Cconsortium
Dholding company
Emerger
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Question 1215
neco 2004
The major divisions of commerce are
Abuying and selling
Bexport and import
Cforeign and home
Dtrade and aids to trade
Ewholesale and retail
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Question 1216
neco 2004
Which of the following is NOT part of the documents to be submitted for the registration of companies?
AA statement of nominal capital
BA statutory declaration signed by a solicitor
CArticles of Association
DMemorandum of Association
EThe balance sheet of the company
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Question 1217
neco 2004
The services offered by the following people .could be grouped under direct services. EXCEPT
Adoctors
Bentertainers
Clawyers
Dpolicemen
Eteachers
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Question 1218
neco 2004
A voluntary body formed by members of a particular branch of trade or industry to represent interest of members is known as
Achambers of commerce
Bcooperative society
Ctrade association
Dtrade commissions
Etrade union
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Question 1219
neco 2004
In a private limited liability company shares can be transferred
Aat the end of a financial year
Bby applying to the registrar of companies
Cwithout consulting other shareholders
Dwith the consent to other shareholders
Ewith the consent of the managing director
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Question 1220
neco 2004
The full amount of capital which a company is authorized to raise is stated in the
Aarticles of association
Bcertificate of incorporation
Ccertificate of trading
Dmemorandum of association
Eshare certificate
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