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
Download PHP app Ask a Question Check Syllabus Past Question Videos Topic Video Lessons

Take a test

Past Questions

2,221 questions
Question 1 of 20 2,221 total questions
Question 251
waec 2015

which of the following is a document of title of goods 

Abill of exchange
Bbill of entry
Cletter of hypothecation
Dbill of lading
View Explanation & Discuss
Question 252
waec 2015

which of the following is a reason for failure of public corporations

Alegal requirement
Binadequate funding
Cpolitical stability
Dlack of competion
View Explanation & Discuss
Question 253
waec 2015

A tax charged in proportion to the value of imported goods is?

Aspecific duty
Bad valorem
Ccustom duty
Dexcise duty
View Explanation & Discuss
Question 254
waec 2015

which of the following is a disadvantage of retailing

Aselling on credit
Blower prices of goods
Cselling in smaller quantities
Dlocated at convenient places
View Explanation & Discuss
Question 255
waec 2015

a private limited liability company differs from a public limited liability because it

Adoes not issue its shares to the public
Bas a separate entity
Chas many directors
Dis a going concern
View Explanation & Discuss
Question 256
waec 2015

the study to discover consumers' preference and needs is called

Amarket segmentation
Bconsumer orientation
Cmarket research
Dmarket mix
View Explanation & Discuss
Question 257
waec 2015

which of the following is a disadvantage of foreign trade

Ait encourages dumping
Bit widens the world market
Cit encourages specialization
Dit provides varieties of goods
View Explanation & Discuss
Question 258
waec 2015

All activities aimed at creation of a good image for an organisation are referred to as

Amarket segmentation
Bmarket research
Cpublic relation
Dconsumer orientation
View Explanation & Discuss
Question 259
waec 2015

when two insurers are liable under a given common policy, the principle of insurance that applies is?

Aindemnity
Bsubrogation
Cproximate clause
Dcontribution
View Explanation & Discuss
Question 260
waec 2015

equity interest in a company is represented by?

Apreference shares
Bdividend
Cdebenture
Dordinary shares
View Explanation & Discuss
Question 261
waec 2015

which of the following is used for making payments to many people in a single cheque

Adebit transfer
Bcertified cheque
Cbank draft
Dcredit transfer
View Explanation & Discuss
Question 262
waec 2015

commerce started as a result of?

Aspeculation
Bconsumption
Cspecialization
Dnationalization
View Explanation & Discuss
Question 263
waec 2015

turnover could be increased by

Aincreasing prices and product differentiation
Badvertising and cutting prices
Crefusing credit and customer services
Dincreasing the mark up and margin
View Explanation & Discuss
Question 264
waec 2015

when shares are sold ex-div it means the?

Ashares are sold at par price
Bbuyer is entitle to the next dividend
Cshares are sold above par
Dseller has right to the next dividend
View Explanation & Discuss
Question 265
waec 2015

which of the following principls stipulates that the insured must be in a position to suffer financial loss?

Aindemnity
Bproximate clause
Cinsurable interest
Dsubrogation
View Explanation & Discuss
Question 266
waec 2015

the market for short term security is called?

Acommodity market
Bdiscount market
Cmoney market
Dstock market
View Explanation & Discuss
Question 267
waec 2015

a house insured against damage by flood was burnt down and the owner had no claim. which of the following principles prevented him from making a claim

Aindemnity
Bcontribution
Cinsurable interest
Dproximate cause
View Explanation & Discuss
Question 268
waec 2015

A cheque made payable to a named person is?

Aa crossed cheque
Ba certified cheque
Can order cheque
Da confirmed cheque
View Explanation & Discuss
Question 269
waec 2015

the practice of selling goods in foreign markets at a price lower than the cost price is?

Afair trading
Bunder invoicing
Chedging
Ddumping
View Explanation & Discuss
Question 270
waec 2015

Retail outlets which sell from specialized vans are called?

Asuper market
Bmultiple shops
Cmail order
Dmobile shop
View Explanation & Discuss
Question Navigator
Current
MathsFaculty