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.

50 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
Download PHP app Ask a Question Check Syllabus Past Question Videos Topic Video Lessons

Take a test

Past Questions

50 questions
Question 1 of 20 50 total questions
Question 11
jamb 2007

A written agreement for hiring a ship for transporting goods is a?

Aconsular invoice
Bbill of lading
Ccharter party
Dcertificate of origin
View Explanation & Discuss
Question 12
jamb 2007

The internet is a system of telecommunications used for?

Acommunicating long-distance messages
Bsending and recieving text massages
Csending electronic messages
Dcommunicating messages through telegrams
View Explanation & Discuss
Question 13
jamb 2007

The major determinant of fire insurance premium is the?

Atype and structure of the property to be insured
Busefulness of the property to the owner
Cowner of the property to be insured
Dextent of fire damage anticipated
View Explanation & Discuss
Question 14
jamb 2007

In the permanent storage device, DASD means?

AData Access Storage Device
BData Access Systems Device
CDirect Access Systems Device
DDirect Access Storage Device
View Explanation & Discuss
Question 15
jamb 2007

A distinctive advantage of GSM is its?

Amobility
Bcost
Cstability
Dcoverage
View Explanation & Discuss
Question 16
jamb 2007

Digital computer is divided into?

Aanalogue, hybrid and mini
Bsuper, maniframe, mini and micro
Cmainframe, hybrid and micro
Dsuper, mainframe, micro and analogue
View Explanation & Discuss
Question 17
jamb 2007

The World Tourism Organization has its headquarters in?

ANew York
BParis
CMadrid
DLondon
View Explanation & Discuss
Question 18
jamb 2007

One of the functions of the Nigeria Ports Authority is the provision of?

Afacilities to enhance the speedy loading and offloading of cargoes
Bfacilities to ensure that goods get to their destinations
Cshelter for operators of cargoes
Dcourier services to ensure speedy delivery
View Explanation & Discuss
Question 19
jamb 2007

An agreement by the insurer to compensate the insured for losses suffered is?

Apolicy
Bsurrender value
Ccaveat emptor
Dindemnity
View Explanation & Discuss
Question 20
jamb 2007
The first stage in tourism planing is?
Aassessing feedback from tourists
Bpreparing a list of tourists
Ccreating recreational opportunities
Dbuilding community support
View Explanation & Discuss
Question 21
jamb 2007

An economic activity which deals with natural resources is a form of?

Aextraction
Brefining
Cconstruction
Dmanufacturing
View Explanation & Discuss
Question 22
jamb 2007
A major criticism of a cooperative society is?
Alimited capital
Bgranting exceessive loans to members
Cselling goods on credit to non-members
Dmanagement incompetence
View Explanation & Discuss
Question 23
jamb 2007

The creation of utilities is to satisfy human wants is referred to as?

Aproduction
Bconsumption
Cindustrialization
Doccupation
View Explanation & Discuss
Question 24
jamb 2007

A document which advertise the shares of a company is known as a?

Amemorandum of satisfaction
Bdividend warrant
Cdeed
Dprospectus
View Explanation & Discuss
Question 25
jamb 2007
Law-making is an example of?
Aindirect service
Bcommerical occupation
Cdirect service
Dindustrial occupation
View Explanation & Discuss
Question 26
jamb 2007

The making of doors from timber planks is a type of?

Amanufacturing
Btertiary production
Csecondary production
Dprimary production
View Explanation & Discuss
Question 27
jamb 2007
A major advantage of a cooperative society is that it?
Agives members the opportunity to unite
Bdraws members closer to government
Cpromotes awareness among members
Dencourages thirft among members
View Explanation & Discuss
Question 28
jamb 2007

The sustainable growth of commerce is largely due to?

Amarketing
Badvertising
Cexchange
Dbranding
View Explanation & Discuss
Question 29
jamb 2007

A Memorandum of Association is applicable to a?

Asole trader
Bjoint company
Cpartnership
Dpublic corporation
View Explanation & Discuss
Question 30
jamb 2007

A major function of an entrepreneur is?

Adecision-making
Bencouraging competition
Chuman-resource training
Dmotivating employees
View Explanation & Discuss
Question Navigator
Current
MathsFaculty