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.

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

96 questions
Question 1 of 20 96 total questions
Question 31
jamb 2011

The slogan, a wonderful world, used by a communication network is a form of?

Aproduct differentiation
Bpersuasive advertising
Cpublicity
Dpackaging
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Question 32
jamb 2011

Activities undertaken to create awareness for goods by conducting contest is?

Amarketing concept
Bconsumerism
Csales promotion
Dmarketing mix
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Question 33
jamb 2011

The variety of goods and services which a company offers for sale is its?

Aplace mix
Bpromotion mix
Cprice mix
Dproduct mix
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Question 34
jamb 2011

The arrangement and interrelationship of the various components and positions of a business is referred to as?

Aorganizational structure
Bclarity of objective
Cunity of direction
Dline structure
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Question 35
jamb 2011

The managerial ability of a supervisor in an organization may be underutilized if the?

Amorale of the supervised is high
Bspan of control is wide
Cspan of control is narrow
Dmorale of thr supervisor is low
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Question 36
jamb 2011
A communication process providing information for decision-making in an organization is the?
AManagement information System
BTransmission Control Protocol
CInformation Retrieval System
DFile Transfer Protocol
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Question 37
jamb 2011

Second-tier Securities Market differ from the First-tier Securities Market in that the former is?

Ahighly restricted
Bregulated by the SEC
Cregulated by the NIPC
Dless restricted
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Question 38
jamb 2011

A broker is an agent who links a potential investor with?

Aa shareholder who wants to register a company
Bother members of the exchange who want to trade
Cgovernement official on the exchange
Da quoted company
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Question 39
jamb 2011
An example of a trade association is?
AALGON
BNLC
CNURTW
DNULGE
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Question 40
jamb 2011

A source of business financing which involves pledging of a specific assets is?

Abond
Bmortage
Cdebentures
Dloan
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Question 41
jamb 2011

In the event of voluntary liquidation, the appointed of a liquidator is the responsibility of the?

Adirectors
Bcreditors
Cpromoters
Dcourt
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Question 42
jamb 2011

When two or more companies agree to execute a project too large for one to handle, this is referred to as?

Aan amalgamation
Ba cartel
Ca merger
Da consortium
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Question 43
jamb 2011

The business organization that can effectively combine management with control is?

Aprivate limited liability company
Bsole proprietorship
Cpublic limited liability company
Dco-operation society
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Question 44
jamb 2011
One of the major disadvantages of pipeline transportation is its?
Ahigh cost of construction
Blimitation in scope
Cvulnerability to climate changes
Dhigh maintainance cost
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Question 45
jamb 2011

Inbound tourism occurs when?

Anon-residents of a country travel to other countries
Bresident of a country travel to another country
Cnon-resident of a country travel within it
Dresident of a country travel within it
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Question 46
jamb 2011

The agreement of insurers to spread risks among themselves is a major feature of?

Areinsurance
Blife insurance
Cunderwriter
Dmarine insurance
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Question 47
jamb 2011
Mr. Lawal insured his warehouse against burglary but it was later gutted by fire. this implies that?
Athe loss should be borne by the insurer
BMr. Lawal is liable only for half of the estimated loss
Cthe insurer should make a consolation payment for the loss
Dthe loss should be borne by Mr. Lawal
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Question 48
jamb 2011

The major source of income to commercial banks is?

Atourism
Bbanking
Ccommunication
Dtransportation
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Question 49
jamb 2011

A cheque that has been drawn but not presented for payment can still be honored?

Awithin 6 months
Bafter 9 months
Cwithin 9 months
Dafter 6 months
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Question 50
jamb 2011
The most effective nut limited medium of advertising in Nigeria is?
Abillboard
Btelevision
Cnewspaper
Dradio
View Explanation & Discuss
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