Commerce Past Questions

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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 1551
waec 2000

Which of the following is sent in reply to a letter of enquiry?

AQuotation
BOrder
CConsumer invoice
DAdvice note
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Question 1552
waec 2000
The production of good in anticipation of demand is possible because of the existence of?
Apackaging
Badvertising
Cwarehousing
Dbranding
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Question 1553
waec 2000
A merchant who wishes to order goods from a foreign country sends?
Aan invoice
Ban indent
Can advice note
Da credit note
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Question 1554
waec 2000
A merchant who wishes to order goods from a foreign country sends?
Aan invoice
Ban indent
Can advice note
Da credit note
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Question 1555
waec 2000
Which of the following is not a function of a retailer?
ASupplying goods to final consumers
BBulk breaking
CGiving information to the wholesaler
DBranding and packaging of goods
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Question 1556
waec 2000

When a country's total visible and invisible exports are more than its visible and invisible imports, it has?

Afavourable balance of payments
Bfavourable balance of trade
Cunfavourable balance of trade
Dunfavourable balance of payment
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Question 1557
waec 2000

A refund of the duty collected on goods imported and processed for re-export is?

Aexcise duty
Bexcise draw back
Cpreferential duty
Dvalue added tax
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Question 1558
waec 2000
Which of the following is not contained in an advice note?
ATypes of goods
BPrice of goods
CDate of dispatch
DMeans of dispatch
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Question 1559
waec 2000
A consignment note is used when?
Agoods are wrapped and labelled for easy identification
Bgoods are dispatched to agent through transporters
Cdamaged goods are being returned
Dthere is over-invoicing
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Question 1560
waec 2000

A retail outlet which sells a fairly narrow range of goods with a number of branches in different towns is a?

Asupermarket
Bmail-order shop
Cmobile shop
Dmultiple shop
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Question 1561
waec 2000
A debenture is mortgaged when it is?
Anot secured on the the assets of a company
BSecured on the assets of a company
Cirredeemable
Dredeemable
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Question 1562
waec 2000
Which of the following is true about cumulative preference shares?
AUnpaid dividends are carried forward
BShareholders can secure capital refund on demand
CShareholders are entitled to further share of profit
DDividends are paid into a special account
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Question 1563
waec 2000
Which of the following is true about cumulative preference shares?
AUnpaid dividends are carried forward
BShareholders can secure capital refund on demand
CShareholders are entitled to further share of profit
DDividends are paid into a special account
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Question 1564
waec 2000
The total value of fixed and current assets is?
Aworking capital
Bcapital employed
Cfixed capital
Dcapital owned
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Question 1565
waec 2000

The coming together of two or more firms at different stages of production is?

Ahorizontal merger
Bvertical merger
Camalgamation
Dcartel
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Question 1566
waec 2000

Which of the following is not a source of finance to a sole proprietor?

ATrade Credit
BOverdrafts
CDebentures
DLeasing of equipment
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Question 1567
waec 2000
Which of the following can be defined as trade and aids to trade?
AAdvertising
BCommerce
CWholesaling
DRetailing
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Question 1568
jamb 2000
The organizational structure above represents
Aline and functional structure
Bline and staff structure
Cfunctional structure
Dline structure
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Question 1569
jamb 2000
One of the function of the Niger Basin Commission is to
AEnsure equal treatment of African nations
BA. Foster closer co-operation among West African nations
CA. Map out regulation that will guide all navigation for all West African nations
Dguarantee freedom of navigation for all West African nations
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Question 1570
jamb 2000
The instrument establishing the Economic Community of West African State in 1975 is
Aa decree
Ban act
Ca treaty
Dconstitution
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