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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.

49 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
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Past Questions

49 questions
All JAMB WAEC NECO CUSTOM
All years 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989
Question 1 of 9 49 total questions
Question 21
jamb 2014

The document submitted to the customs authority when full description of imported goods is not provided is

Aa bill of sight
Ban invoice
Can indent
Da bill of entry
View Explanation & Discuss
Question 22
jamb 2014

The document issued by a port authority for goods deposited is a

Abill of lading
Bbill of sight
Cconsular invoice
Dwarehouse warrant
View Explanation & Discuss
Question 23
jamb 2014

To eliminate middlemen, there should be a retail outlet such as

Aproducer co-operative
Bconsumer co-operative
Cmultiple shop
Ddepartmental store
View Explanation & Discuss
Question 24
jamb 2014

Mrs Jones who lives in the riverine community of Rivers State makes her living through crabbing and fishing . This type of occupation she is in is

Acommercial
Bmanufacturing
Cservice
Dextractive
View Explanation & Discuss
Question 25
jamb 2014

One of the major determinants of the volume of production is

Athe market size
Bthe availability of banks
Csex distribution
Dgovernment policy
View Explanation & Discuss
Question 26
jamb 2014

An important feature of land is that it

Ahas an elastic supply
Bis an active factor of production
Cis heterogenous in nature
Dis subject to returns to scale
View Explanation & Discuss
Question 27
jamb 2014

The payment for direct service is usually made by the

Alocal authority
Bcommunity
Cgovernment
Dindividual
View Explanation & Discuss
Question 28
jamb 2014

One of the products of an extractive industry is

Aan airplane
Ban iron ore
Ca shoe
Da textile material
View Explanation & Discuss
Question 29
jamb 2014
Cooperation and friendliness are enhanced among nations through interdependence necessitated by
Atourism
Bcommerce
Cagriculture
Dsocio-cultural activities
View Explanation & Discuss
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