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.

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

96 questions
Question 1 of 20 96 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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Question 28
jamb 2011

From the diagram above, what does I stand for?

AAids to trade
BPublicity
CHome trade
DAdvertising
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Question 29
jamb 2011

Resources obtained from the extractive sector that are transformed into finished products are examples of

Aprimary production
Btertiary production
Cdirect production
Dsecondary production.
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Question 30
jamb 2011

A business organization is said to be socially responsible when it?

Agets involved in issues relating to the society
Brewards its staff for long-term service
Coffers discounts to customers
Dinvites the public to its annual general meetings
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Question 31
jamb 2011
The symbol at in an internet mail address is used to?
Aseperate the user name from the machine name
Blink the user with other Internet users
Clocate the addresses of Internet users
Dlink the user with the machine
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Question 32
jamb 2011

A software application that enables a user to display and interact with texts, images and videos is the?

Aweb server
BInternet Protocol
Ccoreldraw
Dweb browser
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Question 33
jamb 2011

A predominant make-up language for web pages is the?

AIP
BHTTP
CHTML
DTCP
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Question 34
jamb 2011

Intranet differs from extranet in that the former?

Arequires a modem before it could be used
Bcan generally be accessed by the public
Cis restricted to employees of an organization
Drequires internet protocols
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Question 35
jamb 2011

An example of a computer operating system is?

Athe Pagemaker
Bthe Word Perfect
CMicrosoft Word 2000
DWindows 2000
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Question 36
jamb 2011
The physical components of a computer system refers to the?
Asystem unit
Bhardware
Csoftware
Dcompact disk
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Question 37
jamb 2011

The body charged with the responsibility of regulating foods and drugs in Nigeria is the?

ASON
BNDLEA
CNAFDAC
DCAC
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Question 38
jamb 2011
One of the obligations of an employer to an employee is to?
Aindemnify him against liabilities incurred on duty
Baward scholarship to his children
Cterminate his appointment without prior notice
Dindemnity himagainst injuries caused through negligence
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Question 39
jamb 2011
The major parties to an agency relationship are the?
Aprincipal and the creditor
Bbailee and the bailor
Cprincipal and the agent
Dshareholder and the creditor
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Question 40
jamb 2011

To make a simple contract valid, the intention must be?

Alegal and written
Blegal and binding
Clegal and attractive
Dlegal and harmonious
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