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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.

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

48 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 8 48 total questions
Question 21
waec 2021

Which of the following businesses can raise capital through the stock exchange?

ASole proprietorship
BPrivate company
CPublic company
DCooperative society
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Question 22
waec 2021

The reward for land as a factor of production is

Awage
Brent
Cprofit
Dinterest
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Question 23
waec 2021

Which type of occupation is a carpenter engaged in?

ACommercial
BConstruction
CExtraction
DManufacturing
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Question 24
waec 2021

The word ''limited"  written after the name of a company means that  

Ait has a democratic system of management
Bmembers are liable to the extent of their shareholdings only
Cthe company is a going concern
Dprofit is determined by management
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Question 25
waec 2021

All activities geared towards the distribution and exchange of goods and services is _______

Acommerce
Bmarket survey
Cpersonal selling
Dtrade
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Question 26
waec 2021

An example of a primary product is _____

Atextile
Bpalm oil
Cflour
Dcocoa
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Question 27
waec 2021

The process of changing raw materials into finished goods is ________

Aconstruction
Bextraction
Cmanufacturing
Dmarketing
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Question 28
waec 2021

Commerce started as a result of _______

Acompetition
Bdistribution
Cprivatization
DSpecialization
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