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

Take a test

Past Questions

49 questions
Question 1 of 9 49 total questions
Question 21
waec 2009

The authority given to a bank to make regular payments on behalf of a customer is

Acredit transfer
Bbank endorsement
Cstanding order
Dbank overdraft
View Explanation & Discuss
Question 22
waec 2009
When an order cheque is endorsed it becomes a
Aconfirmed cheque
Bbearer cheque
Cdishonoured cheque
Dcleared cheque
View Explanation & Discuss
Question 23
waec 2009

A stale cheque is one on which the date for payment is

Aoverdue
Byet to come
Cmissing
Ddue
View Explanation & Discuss
Question 24
waec 2009

Which of the following is not a contract of indemnity

AMarine insurance
BFire insurance
CLife Assurance
DBurglary insurance
View Explanation & Discuss
Question 25
waec 2009

Life assurance premium is determined by the assured's

Aeducational level
Bage
Creputation
Dnumber of children
View Explanation & Discuss
Question 26
waec 2009

Retail outlets that have identical store design, layout and stock display are

Amultiple shops
Btied shops
Cmobile shops
Dsupermarkets
View Explanation & Discuss
Question 27
waec 2009

Which of the following is sent by a supplier who does not want to sell on credit?

APro forma invoice
BConsular invoice
CQuotation
DAdvice note
View Explanation & Discuss
Question 28
waec 2009

Which of the following occupations comes under the extractive industry?

i. Cattle-rearing, lumbering, farming
ii. Mining, quarrying, hunting
iii. Shipbuilding, road construction, iron bending
iv. Singing, dancing, barbing

Ai, ii and iii only
Bi, ii and iv only
Ci and ii only
Dii and iii only
View Explanation & Discuss
Question 29
waec 2009

A person who invented a new machine for making beverages may protect his exclusive right by

Alabelling the product
Bobtaining a patent
Cchoosing a name for the product
Dobtaining a trade mark
View Explanation & Discuss
Question Navigator
Current
MathsFaculty