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 221
waec 2017

A memorandum of association is a document 

Adefining a company's relationship with the public
Binviting the public to buy a company's shares
Cgoverning the affairs of the partnership
Dregulating a company's internal affairs
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Question 222
waec 2017

The major division of commerce are?

Aimport, export and transportation
Btrade, communication and warehouse
Cimport, trade and production
Dtrade and auxiliaries to trade
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Question 223
waec 2017

which of the follwing does not belong to the extractive occupation?

Aquarrying
Bcarving
Cmining
Dagriculture
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Question 224
waec 2017

A business which becomes insolvent may result in 

Acontinuity
Bexpansion
Cliquidation
Dre-incorporation
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Question 225
waec 2017

The job of the polic in keeping law and order in the society is?

Aa commercial service
Ban indirect service
Ca direct service
Da self service
Especialized service
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Question 226
waec 2017

commercial activities recieved a great boost in west A frica due to contact with?

AAsians
BEuropeans
CAmericans
DAfricans
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Question 227
waec 2016

A distinctive symbol, title or design that readily identifies the company and its products is?

Apatent right
Btrade mark
Ctrade name
Dbrand name
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Question 228
waec 2016

the process of converting a non profit making organisation to a profit making business is?

Aindigenization
Bprivatization
Cderegulation
Dcommercialization
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Question 229
waec 2016

production ends when goods and services?

Areach the final user
Bare used for manufacturing
Care packed and labelled
Dare sold to the middlemen
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Question 230
waec 2016

if a business uses part of its profit to develop the area where it operates, the business is fulfilling its?

Aeconomic responsibility
Bmarketing responsibility
Csocial responsibility
Dmanagerial responsibility
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Question 231
waec 2016

A general tax which applies at each point of exchange of goods and service is?

Aa specific tax
Ban ad valorem tax
Cvalue added tax
Ddirect tax
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Question 232
waec 2016

a person or firm to whom money is owed is?

Abanker
Bguarantor
Cdebtor
Dcreditor
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Question 233
waec 2016

which of the following person is a part of a business internal environment

Aemployee
Bsupplier
Ccreditor
Dcustomer
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Question 234
waec 2016

one objective of the European Union is to?

Afight the guilty nations in time of war
Beliminate drug addiction among member countries
Celiminate all tariffs and quotas among member countries
Dfight against child abuse in member countries
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Question 235
waec 2016

specializing in the sale of one line of goods is the main feature of?

Asupermarkets
Bchain stores
Cmail order firm
Dmobile shops
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Question 236
waec 2016

the value at which one country obtains another country's currency is?

Aterms of trade
Bexchange rate
Cbank rate
Dterms of payment
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Question 237
waec 2016

goods become the property of the buyer on the transfer of liability and possession without immediate payment under the?

Ahire purchase agreement
Bcredit sales agreement
Cauction sales agreement
Dconditional sales agreement
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Question 238
waec 2016

the component of marketing mix that is put in a consumable form to satisfy the consumer is

Aproduct
Bpromotion
Cprice
Dplace
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Question 239
waec 2016

which of the following is a concept of marketing

Abranding
Bplanning
Corganizing
Dmanufacturing
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Question 240
waec 2016

Regarding the consumer as the king who must be satisfied, the main emphasis is of?

Amarketing research
Bmarketing concept
Cconsumerism
Dadvertising
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