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 151
waec 2019

Which of the following is not an economic grouping in West Africa?

ALake Chad Basin Commission
BEconomic Community Of West African States
CEuropean Union
DNiger Basin Commission
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Question 152
waec 2019

A source of capital to a public company which attracts a fixed rate of interest is

Aan ordinary share
Ba subvention
Ca debenture
Dan overdraft
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Question 153
waec 2019

The headquarters of the Mano River Union is in

AFreetown
BMonrovia
CConakry
DAbidjan
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Question 154
waec 2019

The restructuring of a government enterprise with the intention of making it profit oriented is

Aprivatization
Bnationalization
Ccommercialization
Dderegulation
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Question 155
waec 2019

Which of the following business units could be commercialized? 

Apublic corporation
Bcooperative society
Cprivate company
Dsole proprietorship
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Question 156
waec 2019

The management term which refers to the number of staff a superior officer can efficiently supervise is 

Adelegation of authority
Bdivision of labour
Cunity of command
Dspan of control
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Question 157
waec 2019

Which of the following roles is performed by middle management in an organization?

Aformation of objectives and strategies
Breview of master plans, programmes and budgets
Creview and appraisal of operational results
Dimplementation of organizational plans and objectives
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Question 158
waec 2019

A new offer of contract that terminates the original offer is

Aa void contract
Ba counter offer
Can invalid offer
Dquasi contract
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Question 159
waec 2019

An agreement in which Phillip paid half of a car and accepted to pay the rest in instalments is a 

Acondition sale contract
Bcredit sale contract
Chire purchase contract
Dhaulage contract
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Question 160
waec 2019

An agent whose authority, as conferred by the principal, has no limit is a 

Adel credere agent
Bgeneral agent
Cuniversal agent
D
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Question 161
waec 2019

The marketing concept emphasizes the need to

Aidentify and satisfy customers wants
Bmaximize foreign investment
Cmaximize profit for the company
Dbuild a strong and solid brand
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Question 162
waec 2019

Which of the following types of advertising is aimed at taking away existing buyers from their slippers?

ANegative
Bcompetitive
Cinformative
Dmass
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Question 163
waec 2019

The element of a contract are offer,

Aacceptance and performance
Bconsideration and performance
Clegality and formality
Dacceptance and consideration
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Question 164
waec 2019

Good customer service practice requires

Acharging high prices so as to make profit
Bhanging up customers` calls when busy
Cpatience towards ill-mannered customers
Dpromoting hard working employees
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Question 165
waec 2019

A diagram showing the positions of the structure of a company is

Aspan of control
Borganizational chart
Cvertical integration
Dflowchart
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Question 166
waec 2019

Which of the following activities increases demands for goods and services

Aadvertising
Bbanking
Ctransportation
Dwarehousing
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Question 167
waec 2019

One of the factors which determines the choice of transport for goods is the

Acost of purchasing the mode of transport
Bmaintenance cost of the mode of transport
Cnumber of users of the mode of transport
Dnature of the goods to be transported
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Question 168
waec 2019

A communication equipment which is stationed in space for sending signals is

Adata processor
Binternet
Csatellite
Dtelex machine
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Question 169
waec 2019

The keyboard of a computer is classified as

Aan input device
Ba memory device
Can output device
Da storage device
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Question 170
waec 2019

A cheque for which payment is refused due to insufficient funds is a

Abearer cheque
Bcrossed cheque
Cdishonored cheque
Dstale cheque
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