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.

1,707 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
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Past Questions

1,707 questions
Question 1 of 20 1,707 total questions
Question 381
jamb 2014

To eliminate middlemen, there should be a retail outlet such as

Aproducer co-operative
Bconsumer co-operative
Cmultiple shop
Ddepartmental store
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Question 382
jamb 2014

Mrs Jones who lives in the riverine community of Rivers State makes her living through crabbing and fishing . This type of occupation she is in is

Acommercial
Bmanufacturing
Cservice
Dextractive
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Question 383
jamb 2014

One of the major determinants of the volume of production is

Athe market size
Bthe availability of banks
Csex distribution
Dgovernment policy
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Question 384
jamb 2014

An important feature of land is that it

Ahas an elastic supply
Bis an active factor of production
Cis heterogenous in nature
Dis subject to returns to scale
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Question 385
jamb 2014

The payment for direct service is usually made by the

Alocal authority
Bcommunity
Cgovernment
Dindividual
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Question 386
jamb 2014

One of the products of an extractive industry is

Aan airplane
Ban iron ore
Ca shoe
Da textile material
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Question 387
jamb 2014
Cooperation and friendliness are enhanced among nations through interdependence necessitated by
Atourism
Bcommerce
Cagriculture
Dsocio-cultural activities
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Question 388
jamb 2013

Use the above table to answer this question

What insurance principle has Mr P Violated if he decides to overstate the actual value of his property?

AIndemnity
BInsurable interest
CUberrimae fidei
DSubrogation
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Question 389
jamb 2013

Use the table above to answer this question

If Mr. N takes a fire insurance policy with average clause, his compensation will be

AN 5000
BN 7, 500
CN 70, 000
DN 75, 000
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Question 390
jamb 2013

The difference between indemnity insurance and non-indemnity insurance is that the latter provides

Acover for exporters against risks
Bcover for importers against risks
Cfull payment to the insured
Dconsolation payment to the insured
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Question 391
jamb 2013

A computer accessory through which information can be retrieved is the

Ahard disk
Binput device
Ccontrol unit
Dfloppy disk
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Question 392
jamb 2013
The environmental hazard that is most difficult to control is
Aland pollution
Bwater pollution
Cair pollution
Dpolitical unrest
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Question 393
jamb 2013

A major factor that affects business operations is

Atechnology
Bsupply
Cproduct
Drivalry
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Question 394
jamb 2013

To meet security requirements before gaining access to data, a computer operator supplies

Aan e-mail address
Ba yahoo address
Ca password
Da modem
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Question 395
jamb 2013

The type of computer software used mainly for management information is

Acorel draw
Bautocad
Cdata base
Dword perfect
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Question 396
jamb 2013

The physical component of a computer system is

Asoftware
Bhardware
Chard disk
Dfloppy disk
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Question 397
jamb 2013

The process of transferring data from one computer to another is referred to as

Adownloading
Bfaxing
Cbrowsing
Ddecoding
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Question 398
jamb 2013

The sole legal right held by the author to publish his book is

Atrademark
Bcopyright
Cpatent right
Dbookmark
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Question 399
jamb 2013

A contract can be terminated through

Aphysical combat
Bfamily intervention
Cfrustration
Dconsultation
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Question 400
jamb 2013

The right to retain possession of goods until the contract price is paid is referred to as

Aa promise
Bultra vires
Ca breach
Da lien
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