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.

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

99 questions
Question 1 of 20 99 total questions
Question 21
waec 2017

A cheque could be dishonoured as a result of?

Asame amount in words and figure
Binsufficient fund
Cgeneral crossing
Dregular signature
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Question 22
waec 2017

The facility which is not provide by the port authority is?

Aberth
Bwarehouse
Ctarmac
Dcranes
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Question 23
waec 2017

The main purpose of branding is to?

Aincrease the quantity of goods demanded
Bincrease the selling price of goods
Cdifferentiate goods from other similar goods
Denhance turnover of goods
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Question 24
waec 2017

A memorandum of association is a document 

Adefining a company's relationship with the public
Binviting the public to buy a company's shares
Cgoverning the affairs of the partnership
Dregulating a company's internal affairs
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Question 25
waec 2017

The major division of commerce are?

Aimport, export and transportation
Btrade, communication and warehouse
Cimport, trade and production
Dtrade and auxiliaries to trade
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Question 26
waec 2017

which of the follwing does not belong to the extractive occupation?

Aquarrying
Bcarving
Cmining
Dagriculture
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Question 27
waec 2017

A business which becomes insolvent may result in 

Acontinuity
Bexpansion
Cliquidation
Dre-incorporation
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Question 28
waec 2017

The job of the polic in keeping law and order in the society is?

Aa commercial service
Ban indirect service
Ca direct service
Da self service
Especialized service
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Question 29
waec 2017

commercial activities recieved a great boost in west A frica due to contact with?

AAsians
BEuropeans
CAmericans
DAfricans
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Question 30
jamb 2017
If a business uses part of its profit to develop the area where it operates, the business is fulfilling its ______
Aeconomic responsibilities
Bmarketing responsibilities
Csocial responsibilities
Dmanagerial responsibilities
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Question 31
jamb 2017
Any activity directed at conveying commodities to buyers is an aspect _________
Aselling
Bdelivering
Cadvertising
Dmarketing
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Question 32
jamb 2017
Factors considered when setting up a retail business is one of the following _________
Acapital, experience and trading
Bexperience, term of trade, and trading
Ccapital, trading and term of trade
Dcapital, type of goods and source of supply
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Question 33
jamb 2017
The production of goods and services in anticipation of demand is made possible by _______
Apackaging
Bwarehousing
Cbranding
Dadvertising
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Question 34
jamb 2017
The effects of devaluation includes all except _______
Aexports become cheaper
Bexpansion of local industries
Cincrease in standard of living
Dincrease in import
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Question 35
jamb 2017
Land as a factor of production does not vary in _______
Aquantity
Bnature
Cquality
Dcost
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Question 36
jamb 2017
The type of activity which turns processed raw materials into consumer and industrial goods is described as ________
Aextractive
Bmanufacturing
Cconstructive
Dprocessing
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Question 37
jamb 2017
The business unit that applies the principle of one man, one vote is ______
Asole proprietorship
Bpartnership
Cpublic company
Dco-operative society
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Question 38
jamb 2017
Which of the following is an item in the marketing mix?
ADemand
Bpromotion
Cmarket
Dconsumer
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Question 39
jamb 2017
The scope of commerce is limited to ________
Awholesale and entrepot trade
Btrade and aids-to-trade
Cwholesale and retail trade
Dhome and foreign trade
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Question 40
jamb 2017
A system where customer patronage is sought by producing what they need is referred to as _______?
Asales promotion
Bmarket promotion
Cproduct promotion
Dmarket orientation
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