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.

4,313 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
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Past Questions

4,313 questions
Question 1 of 20 4,313 total questions
Question 311
waec 2020

Which of the following is not a component of the marketing mix?

Aproduct
Bproduction
Cpromotion
Dplace
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Question 312
waec 2020

The activity which improves the appearance of a product and also aimed at protecting it is? 

Aadvertising
Bgrading
Clabelling
Dpackaging
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Question 313
waec 2020

The face-to-face meeting of the seller with the buyer for the purpose of making sales is?

Amass selling
Bimpulse buying
Cpersonal selling
Dsales promotion
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Question 314
waec 2020

A paid presentation about a product with a view to encouraging by an identified sponsor is?

Apublicity
Bpersonal selling
Csales promotion
Dadvertisement
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Question 315
waec 2020

One of the objectives of the niger basin commission is to?

Aregulate the movement of citizens across the borders
Bimpose tariff and quota on non-members
Cregulate the movement of cargo along the river
Dstreamline the construction of dams on the river
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Question 316
waec 2020

The safe keeping of goods produced until they are needed is?

Ahoarding
Bmarking
Cpackaging
Dwarehousing
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Question 317
waec 2020

A specially-designed mode of transport for conveying liquid and gas is a?

Acoaster
Btanker
Cliner
Dferry
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Question 318
waec 2020

A cheque that could be cashed over the counter by the payee is?

Acertified cheque
Bcrossed cheque
Copen cheque
Dbank draft
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Question 319
waec 2020

When a company insures the lives of all its employees collectively, the policy is?

Aaccident insurance
Bfleet insurance
Cfidelity guarantee insurance
Dgroup insurance
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Question 320
waec 2020

An insurance policy which is not a contract of indemnity is?

Aburglary insurance
Bfire insurance
Clife insurance
Dmotor insurance
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Question 321
waec 2020

The financial market where existing shares and bonds are bought and sold is the?

Aforex market
Bstock market
Cmoney market
Dcommodity market
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Question 322
waec 2020

The issue of shares which allows existing shareholders to buy shares at a preferential price is?

Abonus issue
Boffer for sale
Cpublic offer
Drights issue
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Question 323
waec 2020

The bank which acts as the lender of last resort is the?

Acentral bank
Bcommercial bank
Cmerchant bank
Dmortgage bank
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Question 324
waec 2020

The share value stated on a share certificate is?

Aabove par value
Bbelow par value
Cmarket value
Dnominal value
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Question 325
waec 2020

The right to buy or sell stock exchange with a stipulated period is?

Aoption
Bcontango
Cbackwardation
Dbrokerage
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Question 326
waec 2020

A request for goods from another country by an importer would be made using?

Aan invoice
Ban indent
Can order
Da quotation
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Question 327
waec 2020

A document issued by the seller`s own courier and signed by the customer to acknowledge receipt of the goods is?

Aadvice note
Bconsignment note
Cdelivery note
Dfreight note
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Question 328
waec 2020

A discount deducted from the invoice price of goods to enable the retailer to make profit is?

Acash discount
Bfunctional discount
Ctrade discount
Dseasonal discount
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Question 329
waec 2020

One advantage of small scale retail outlet is?

Aavailability of self service facilities
Bability to buy in bulk
Ceasy access to large amount of capital
Dpersonal attention to customers
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Question 330
waec 2020

A feature of supermarkets which distinguishes it from other large scale retail outlets is that items sold are?

Amainly household goods
Bmainly industrial goods
Cdelivered by post
Done line of products
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