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.

50 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

50 questions
Question 1 of 10 50 total questions
Question 21
waec 2015

An association that protects the interest of members in the same line of business is?

Aconsumer association
Btrade union
Ctrade association
Dchamber of commerce
View Explanation & Discuss
Question 22
waec 2015

Which of the following means of payment makes the bank both the drawer and drawee

Astanding order
Bbill of exchange
Cbank draft
Dopen cheque
View Explanation & Discuss
Question 23
waec 2015

How many countries make up the River Niger Basin commission

A16
B12
C10
D9
View Explanation & Discuss
Question 24
waec 2015

When a government acquires business enterprises formerly owned by individuals, it is termed?

Acommercialization
Bindigenization
Cprivatization
Dnationalization
View Explanation & Discuss
Question 25
waec 2015

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

Ainsurance
Btransport
Cadvertising
Dwarehousing
View Explanation & Discuss
Question 26
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
View Explanation & Discuss
Question 27
waec 2015

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

Ainvisible export
Binvisible imports
Cvisible export
Dbalance of payment
View Explanation & Discuss
Question 28
waec 2015

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

Aadjuster
Baccessor
Cunderwriter
Dan actuary
View Explanation & Discuss
Question 29
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
View Explanation & Discuss
Question 30
waec 2015

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

Abranding
Bstandardization
Cpublicity
Dadvertising
View Explanation & Discuss
Question Navigator
Current
MathsFaculty