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.

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

48 questions
Question 1 of 8 48 total questions
Question 21
neco 2000
When the price quoted includes all the cost to the actual destination, that is, from the seller’s warehouse to the buyer’s warehouse. it is called
Acarriage
Bcarriage paid
Ccash on delivery
Dfranco
Eloco price
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Question 22
neco 2000
The relationship between a country’s visible imports and exports in a trading year is known as
Abalance of payment
Bbalance of trade
Ccounter trade
Dinternational trade
Eterms of trade
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Question 23
neco 2000
The relationship between a country’s visible imports and exports in a trading year is known as
Abalance of payment
Bbalance of trade
Ccounter trade
Dinternational trade
Eterms of trade
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Question 24
neco 2000
Prospectus in relation to a public limited inability company means
Aa document for allocation of shares to the public
Ba document stating the types or shares
Ca document where the names of shareholders are written
Dan invitation to the public to buy shares
Ean invitation to the public to collect dividends
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Question 25
neco 2000
The difference between the higher prices and the lower prices quoted for shares and stocks at the stock exchange is known as
Abrokerage
Bcommission
Ccontango
Dinterest
Ejobbers turn
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Question 26
neco 2000
Banks issue cheque books to customers holding ......... accounts.
Acurrent
Bdeposit
Cfixed deposit
Dforeign
Esavings
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Question 27
neco 2000
Which of the following warehouse is generally found near a port?
Abonded warehouse
Bdistributor's warehouse
Cmanufacturer’s warehouse
Dproducer’s warehouse
Ewholesaler’s warehouse
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Question 28
neco 2000
Which of the following is NOT an aim of advertising?
Acreating a desire to purchase the goods
Barousing the interest of the public
Cattracting the attention of the public
Dinspiring public confidence in the goods
Ereducing the cost of the goods produced
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