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.

2,221 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
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Past Questions

2,221 questions
Question 1 of 20 2,221 total questions
Question 131
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 132
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 133
waec 2020

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

Ahoarding
Bmarking
Cpackaging
Dwarehousing
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Question 134
waec 2020

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

Acoaster
Btanker
Cliner
Dferry
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Question 135
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 136
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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Question 137
waec 2020

An insurance policy which is not a contract of indemnity is?

Aburglary insurance
Bfire insurance
Clife insurance
Dmotor insurance
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Question 138
waec 2020

The financial market where existing shares and bonds are bought and sold is the?

Aforex market
Bstock market
Cmoney market
Dcommodity market
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Question 139
waec 2020

The issue of shares which allows existing shareholders to buy shares at a preferential price is?

Abonus issue
Boffer for sale
Cpublic offer
Drights issue
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Question 140
waec 2020

The bank which acts as the lender of last resort is the?

Acentral bank
Bcommercial bank
Cmerchant bank
Dmortgage bank
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Question 141
waec 2020

The share value stated on a share certificate is?

Aabove par value
Bbelow par value
Cmarket value
Dnominal value
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Question 142
waec 2020

The right to buy or sell stock exchange with a stipulated period is?

Aoption
Bcontango
Cbackwardation
Dbrokerage
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Question 143
waec 2020

A request for goods from another country by an importer would be made using?

Aan invoice
Ban indent
Can order
Da quotation
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Question 144
waec 2020

A document issued by the seller`s own courier and signed by the customer to acknowledge receipt of the goods is?

Aadvice note
Bconsignment note
Cdelivery note
Dfreight note
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Question 145
waec 2020

A discount deducted from the invoice price of goods to enable the retailer to make profit is?

Acash discount
Bfunctional discount
Ctrade discount
Dseasonal discount
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Question 146
waec 2020

One advantage of small scale retail outlet is?

Aavailability of self service facilities
Bability to buy in bulk
Ceasy access to large amount of capital
Dpersonal attention to customers
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Question 147
waec 2020

A feature of supermarkets which distinguishes it from other large scale retail outlets is that items sold are?

Amainly household goods
Bmainly industrial goods
Cdelivered by post
Done line of products
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Question 148
waec 2020

Goods brought into the country for sale are the country`s?

Ainvisible imports
Binvisible exports
Cvisible imports
Dvisible exports
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Question 149
waec 2020

The difference between a country`s imports and exports of goods in a particular year is?

Aterms of trade
Bterms of payment
Cbalance of payment
Dbalance of trade
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Question 150
waec 2020

The last link in a channel of distribution is the?

Awholesaler
Bretailer
Cconsumer
Dagent
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