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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 31

jamb 2010

The deliberate and sustained efforts of an organization towards the creation of goodwill for its products and services is through?

Apublic relations

Badvertising

Csales promotion

Drebranding

View Explanation & Discuss

Question 32

jamb 2010

The label on a product such as 'pampers' is a type of?

Atrademark

Bbranding

Cpackaging

Dpatent right

View Explanation & Discuss

Question 33

jamb 2010

The best pricing strategy for a company that produces warm clothing is?

Atarget return pricing

Bbid pricing

Cvariable pricing

Dproduct line pricing

View Explanation & Discuss

Question 34

jamb 2010

The main concern of marketing concept is to?

Areduce the number of retail outlets

Bidentify consumer needs and satisfy them

Cincrease sales to meet consumers needs

Dencourage division of labour

View Explanation & Discuss

Question 35

jamb 2010

The conversion of raw materials into finished goods leads to the creation of?

Aform utility

Bproduct utility

Cpossession utility

Dplace utility

View Explanation & Discuss

Question 36

jamb 2010

Which of the following is a matter of personal preference on the part of a superior officer?

AUnity of command

BSpan of control

CDelegation of anthority

DUnity of direction

View Explanation & Discuss

Question 37

jamb 2010

The three components of staffing are?

Arecruitment, interview and appointment

Brecruitment, test and placement

Crecruitment, selection and appointment

Drecruitment, selection and placement

View Explanation & Discuss

Question 38

jamb 2010

A prerequisite for admission into the Second Tier Securities Market is for a company to?

Amake 20% of its equity share available to the public for subscription

Bhave a minimum of 100 shareholders

Chave a maximum of 100 shareholders

Dmake 10% of its equity share available to the public for subscription

View Explanation & Discuss

Question 39

jamb 2010

The instrument used in the capital market is?

Atreasury bills

Bbill of exchange

Cstock

Ddebenture

View Explanation & Discuss

Question 40

jamb 2010

A characteristics of money which ensures that its value is not lost is?

Ahomogeneity

Beasy portability

Cdivisibility

Drelative scarcity

View Explanation & Discuss

Question 41

jamb 2010

One of the functions of NACCIMA is?

Anegotiating with labour unions in matters of wages and conditions of service

Bpooling of members' resources for long-term investment

Cdisseminating information to members on matters relating to tariffs

Densuring uniformity in labour matters and industrial relations

View Explanation & Discuss

Question 42

jamb 2010

A public company with an authorized capital of N60,000, issued N36,000 shares at 1.50k each.
What is its capital?

AN60,000

BN36,000

CN54,000

DN90,000

View Explanation & Discuss

Question 43

jamb 2010

An arrangement by independent firms to share the market of their products on quota basis is referred to as?

Atrust

Bintegration

Csyndicate

Dcartel

View Explanation & Discuss

Question 44

jamb 2010

One of the main features of a partnership is?

Alimited liability

Black of corporate existence

Cunlimited membership

Dlack of utual confidence

View Explanation & Discuss

Question 45

jamb 2010

The warehouse that is owned and controlled by the government is a?

Awholesalers' warehouse

Bpublic warehouse

Cstate warehouse

Dmanufaturers' warehouse

View Explanation & Discuss

Question 46

jamb 2010

A major hindrance to tourism growth in Nigeria is?

Aabsence of genunie tour operators

Black of tourism master plan

Cinadequate tourist centres

Dnon-compliance to immigration laws

View Explanation & Discuss

Question 47

jamb 2010

An agent who brings a customer into business contact with his principle is known as?

Aa del credere agent

Ban auctioneer

Ca factor

Da broker

View Explanation & Discuss

Question 48

jamb 2010

A businessman who undertakes the hull insurance policy is aiming at?

Aconcerting losses on damages to the cargo

Bprotecting injured crew in the ship

Caverting payment of the freight

Dcovering damages to the body of the ship

View Explanation & Discuss

Question 49

jamb 2010

The best mode of ensuring that items posted got to the named address through?

Arecorded delivery

Bregistered mail

Ccertificate of posting

Dexpress mail

View Explanation & Discuss

Question 50

jamb 2010

One of the merits of television as a medium of of advertising is that it?

Ais prone to censorship

Bis relatively cheap

Chas more sensory stimulation

Dhas more network coverage

View Explanation & Discuss

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