Commerce Past Questions

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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 381
jamb 2019

First Bank of Nigeria is an example of

ACommercial bank
BDevelopment bank
C
DMerchant bank
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Question 382
jamb 2019

Use the following information to answer this question.
Oladosu Bookshop
54, Ahmadu Bello Way
Kaduna
P.O.BOOX 336
6 January 1989
Olu Stationery ltd
17, Kakawa Street
Lagos

Dear Sir,
We require 200 pieces of 0.8mm fountain pens and 1000 pieces of plain single line 21cm × 18cm exercise books.

Please give us quotes for the respective articles for immediate delivery and a statement of your terms of trade.

Yours Faithfully
Manager.

From the question above, the document the firm or organization will send to the buyer is

ADelivery notes
BAdvice notes
CAn order form
DQuotations
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Question 383
jamb 2019

Use the following information to answer this question.
Oladosu Bookshop
54, Ahmadu Bello Way
Kaduna
P.O.BOOX 336
6 January 1989
Olu Stationery ltd
17, Kakawa Street
Lagos

Dear Sir,
We require 200 pieces of 0.8mm fountain pens and 1000 pieces of plain single line 21cm × 18cm exercise books.

Please give us quotes for the respective articles for immediate delivery and a statement of your terms of trade.

Yours Faithfully
Manager.

The above represents?

AA quotation
BConsignment notes
CLetters of Inquiry
DAn order form
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Question 384
jamb 2019

A bear market is said to be in existence in a period of

ABoom
BStump
CBullish
DStagflation
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Question 385
jamb 2019

The difference between the buying price and the selling price of a share is referred to as

ACommission
BProfit
CJobber's Profit
DTurnover
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Question 386
jamb 2019

All but one is not a barriers to foreign trade

ANatural Barriers
BEconomic Barriers
CSocial and Language Barriers
DTrade Fair
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Question 387
jamb 2019

Which of these is a document used in International trade?

ADebit note
BCredit note
CInvoice
DPrice ring
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Question 388
jamb 2019

The difference between a chamber of commerce and a trade association is that the former

Ais not restricted to a particular industry
Bis a branch of trade that sells product
Cconsists of members engaged in the same trade
Dare association of individuals or firms
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Question 389
jamb 2019

A number of shipping lines operating on a certain route, which agree on a common policy regarding the conditions under which goods are to be carried

ACartel
BConference
CSyndicate
DTrust
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Question 390
jamb 2019

The provision of qualified managerial and other skilled personnel for an enterprise is called

ADirecting
BControlling
CPlanning
DStaffing
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Question 391
jamb 2019

The function of management that establish objectives for the organization and trying to determine the best ways to accomplish them

Aorganizing
Bplanning
Cdirecting
Dcontrolling
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Question 392
jamb 2019

Which of these is not a merit of division of labour

Aresults in specialization
Bbrings about an element of automation
CTraining in new jobs is facilitated
DCreates monotony in the work force
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Question 393
jamb 2019

All activities that contribute towards making goods and services available to the people are

AEconomic activities
BPolitical activities
CProductive activities
DBusiness activities
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Question 394
jamb 2019

Any information about a manufacturer or his product that appears in any medium on a non-paid basis is known as

ASales Promotion
BPersonal Selling
CAdvertising
DPublicity
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Question 395
jamb 2019

The communication aspect of the marketing mix is

APrice
BPromotion
CPlace
DProduct
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Question 396
jamb 2019

A document that embody the conditions and exceptions attached to the contract is

Aproposal form
Bcover note
Cthe policy
Dinsurance certificate
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Question 397
jamb 2019

You have just bought a new car. What Insurance policy will you take to cover it?

AAccident Insurance
BFire Insurance
CMarine Insurance
DFidelity Guarantee Insurance
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Question 398
jamb 2019

A memory that can be read and write and is volatile is known as

ARAM
BROM
CEPROM
DEPPROM
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Question 399
jamb 2019

Computer that process data in the form of values is

ADigital
BHybrid
CDigital-hybrid
DAnalog
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Question 400
jamb 2019

The assembling of Manufactured products into forms usable by humans is classified as

AExtraction occupation
BConstruction occupation
CManufacturing occupation
DIndustrial occupation
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