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 171
waec 2019

The type of business where management is separated from ownership is a 

Asole proprietorship
Bpublic company
Cpartnership
Dcooperative society
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Question 172
waec 2019

The problem of double coincidence of wants is that

Ait is hard to determine the exchange rate of goods
Bit does not encourage purchase of large quantities and varieties
Cdeferred payment is not possible because goods exchange are not durable
Done has to find someone who wants his surplus and also has what he needs
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Question 173
waec 2019

Computer manufacturers in an area could a form of a

Aproducer association
Bthrift society
Cchamber of commerce
Dconsumer association
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Question 174
waec 2019

A partner whose only contribution to the partnership is his name and goodwill is

Aan active partner
Ba limited partner
Ca nominal partner
Da sleeping partner
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Question 175
waec 2019

Rent is the return on

Aa loan
Blabour
Cland
Da share
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Question 176
waec 2019

E-commerce is an activity which involves

Atrading in products through the post office
Btrading in products through the internet
Cbuying and selling of products through telegram messages
Dbuying and selling of products through fax messages
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Question 177
waec 2019

A firm which turns timber into wooden office desks belongs to the

Aextractive industry
Bdirect service industry
Cindirect service industry
Dconstruction industry
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Question 178
waec 2018

The minimum lending rate of a bank is a component of its

Acurrent assets
Bdebit balances
Ccredit balance
Dfixed assets
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Question 179
waec 2018

Labour as an input in production can be motivated by

Atraining
Bprofit
Cremuneration
Dpromotion
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Question 180
waec 2018

Which of the following is a legal tender?

ACheque
BTravellers cheque
CBank note
DGoldsmith receipt
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Question 181
waec 2018

The purpose of commercialization is to?

Aencourage the participation of the private sector
Bmake state-owned firms more efficient
Cencourage the flow of foreign capital
Denable state-owned firms pay tax
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Question 182
waec 2018

The concern of a marketing manager whose company has adopted the marketing mix concept is to?

Arecruit more
Bmake maximum profit
Cidentify and satisfy customers needs
Dmaintain the company's share of the market
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Question 183
waec 2018

The inter bank indebtedness is settled at the 

Aclearing house
Bmoney market
Cdiscount house
Dstock exchange
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Question 184
waec 2018

the time allowed for loading and unloading a ship at the harbour is?

Ademurrage
Btenure
Clay days
Ddead freight
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Question 185
waec 2018

one of the aims of the European union is to?

Aease trade among member countries
Benhance better trade with Africa
Cenhance free trade with America
Doffer financial assistance to poor countries
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Question 186
waec 2018

A system of issueing new shares to selected investors instead of the general public is?

Apublic offer
Bissue by tender
Coffer for sale
Dprivate placement
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Question 187
waec 2018

A company is qouted on the stock exchange when its shares are?

Aput under private payment
Bnot for sale to the public
Clisted for sale on the exchange
Downed by the government
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Question 188
waec 2018

which of the following is the modern means of communication

Agrape vine
Bemail
Cwhistles
Dtown crier
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Question 189
waec 2018

How many countries form ECOWAS

A17
B16
C15
D14
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Question 190
waec 2018

The provision of scholarship by a firm to needy students is part of its?

Apolitical responsibility
Beconomic responsibility
Csocial responsibility
Dlegal reponsibility
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