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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
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Question 1 of 8 48 total questions
Question 21
waec 2023

A bill of lading that is tagged clean means that the goods being delivered are

Aon credit
Bnot damaged
Cpaid for
Dduty free
View Explanation & Discuss
Question 22
waec 2023

An organization that could strive for improvement in electricity and telephone services to users is

Aa trade association
Ba manufacturers' association
Ca manufacturers' association
Da consumers'association
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Question 23
waec 2023

An example of after-sales services is

Asorting and grading of goods
Bgranting of discount
Cprovision of price list and terms
Dfree replacement of parts
View Explanation & Discuss
Question 24
waec 2023

Operating a state owned enterprise with the intention of making more profit is

Anationalization
Bderegulation
Cprivatization
Dcommercialization
View Explanation & Discuss
Question 25
waec 2023

Industrial, commercial and service are types of

Aspecialization
Boccupation
Cmanufacturing
Dextraction
View Explanation & Discuss
Question 26
waec 2023

An element of a valid contract is

Aoperation of law
Bperformance
Cbreach
Dcapacity to contract
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Question 27
waec 2023

The excess value of total assets over total liabilites is

Acapital owned
Bborrowed capital
Cpaid-up capital
Dpaid-up capital
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Question 28
waec 2023

Which of the following is not a factor of production?

ACapital
BStaffing
CLabour
DLand
View Explanation & Discuss
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