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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.

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

47 questions
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Question 1 of 7 47 total questions
Question 21
waec 2011

That portion of the share capital which the company has asked the shareholders to pay for is known as

Aauthorized capital
Bpaid-up capital
Cissued capital
Dcalled-up capital
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Question 22
waec 2011

The co-operative society that performs a combination of the functions of other types of cooperatives is called

Aconsumer cooperative
Bmultipurpose cooperative
Cproducer cooperative
Dthrift and credit cooperative
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Question 23
waec 2011
Which of the following is used to inform the addressee that he has a registered parcel for collection?
ACounterfoil
BExpress label
CSlip
DTelegram
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Question 24
waec 2011

Which of the following is not pre-sale service?

ARepair and maintenance work
BProviding detailed information about the goods to be purchased
CDemonstrating the use and performance of the products to be sold
DSetting up facilities for storing the product to be bought
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Question 25
waec 2011

Payment to a ship owner for carrying one's cargo is

Ademurrage
Bfare
Cdock due
Dfreight
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Question 26
waec 2011

The reward received by a party in a contract agreement is known as

Aconsideration
Bacceptance
Coffer
Dwarranty
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Question 27
waec 2011

When the government gives up its ownership and control of a business to individuals, this is known as

Anationalization
Bcommercialization
Cprivatization
Dindigenization
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