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 271
waec 2015

Which of the following aids to trade facilitates production ahead of demand

Ainsurance
Btransport
Cadvertising
Dwarehousing
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Question 272
waec 2015

Dividing the market for a product according to potential buyers who have common characteristics is?

Amarket analysis
Bmarket penetration
Cmarket segmentation
Dmarket research
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Question 273
waec 2015

The insurance services rendered to a foreign shipping company are treated as?

Ainvisible export
Binvisible imports
Cvisible export
Dbalance of payment
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Question 274
waec 2015

A professional in insurance who evaluates the level of loss claims is

Aadjuster
Baccessor
Cunderwriter
Dan actuary
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Question 275
waec 2015

An extra commission paid to an agent who guarantees credit sales made by him is?

Adel credere
Bguarantors fee
Cjobber's turn
Dbrokerage
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Question 276
waec 2015

The practice of giving a particular name to a product by a manufacturer is

Abranding
Bstandardization
Cpublicity
Dadvertising
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Question 277
waec 2014

An advertising campaign designed to sell one's own products at the expense of other brands is

Acompetitive
Bpersuasive
Cdirect
Dinformative
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Question 278
waec 2014

The place where bankers meet daily to exchange cheques drawn on each other is known as

Acapital market
Bmoney market
Cclearing house
Ddiscount houses
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Question 279
waec 2014

When a ship overstays the allowed number of days at the port, it is made to pay

Ainterest
Btariff
Cdemurrage
Dcommission
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Question 280
waec 2014

A voluntary association which consists of people who represents a cross section of business interests in an area is a

ATrade Association
BTrade Union
CChamber of Commerce
DConsumer's Association
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Question 281
waec 2014
A postal service that allows a company's customers to reply to its advertisements at the expense of the company is
Arecorded delivery service
Bpost restante
Cexpress delivery service
Dbusiness reply service
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Question 282
waec 2014

A business obtains part of its short-term capital from

Abonds
Bdebentures
Ctrade credit
Dordinary shares
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Question 283
waec 2014

A person who contributes money to a partnership business and is also involved in its general supervision is called

AAn active partner
Ba limited partner
CA dormant partner
Da nominal partner
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Question 284
waec 2014
The part of authorized capital of a company sold to shareholders is
Apaid-up capital
Bcalled-up capital
Cissued capital
Dnominal capital
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Question 285
waec 2014
The issue of Certificate of Incorporation to a company means that it has
Astarted production
Blegally come into being
Cappointed a board of directors
Dmerged with another company
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Question 286
waec 2014
One of the functions of a central bank is to
Aperform supervisory role among all the banks in the country
Bprovide the means of payment to individuals
Censure the smooth transfer of shares
Daccept private deposits
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Question 287
waec 2014
A system of buying goods by an agent where the supplier is determined by the principal is
Atied shop
Bclosed shop indent
Copen indent
Dring trading
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Question 288
waec 2014
Carpentry is an activity classified under
Aextractive occupation
Btertiary occupation
Ccommercial occupation
Dconstructive occupation
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Question 289
waec 2014
A system of buying products from a machine is known as
AImpulse buying
Bbranding
Cautomatic vending
Dloss leader
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Question 290
waec 2014
A cheque bearing a date showing that it was issued more than six months ago is termed a
Ablank cheque
Bbearer cheque
Cstale cheque
Dorder cheque
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