Commerce Past Questions

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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 471
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
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Question 472
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
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Question 473
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
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Question 474
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
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Question 475
jamb 2010

A process of creating more market for a product is through?

Aconsumerism
Bmarketing
Cadvertising
Dreponsitioning
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Question 476
jamb 2010

Selling goods in foreign countries at price below their marginal cost is?

Adumping
Bdepreciation
Cdevaluation
Ddiscounting
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Question 477
jamb 2010

The details of the goods require by the the purchaser is outlined in?

Aa consular invoice
Ban indent
Can invoice
Da certificateof orign
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Question 478
jamb 2010

The document issued to a port authority when goods are deposited is a?

Adock landing account
Bbill of sight
Cbill of lading
Ddock warrant
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Question 479
jamb 2010

Entrepot trade usually occurs in?

Aexchanging goods within a nation
Bexchanging goods among countries
Cimporting goods to be re-exproted
Dexproting goods to be re-imported
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Question 480
jamb 2010

The document that gives an importer a freehand to obtain goods from any manufacturer is?

Aa consular invoice
Ba closed indents
Can open indent
Da freight note
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Question 481
jamb 2010

The comparison of a country's visible and invisible exports and imports expressed in monetary term is?

Abalance of payment
Bterms of trade
Cbalance of trade
Dterms of payment
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Question 482
jamb 2010

The activity which entails buying of goods in bulk and selling in small quantities to retailers is?

Aassembling
Bwholesaling
Cretailing
Dmerchandising
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Question 483
jamb 2010

A trend in retailing which enables consumers to have free access to different products is?

Aafter-sales services
Bbranding
Cself-services
Dvending machine
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Question 484
jamb 2010

After-sales service is a function usually rendered by?

Aa retailer
Ba wholesaler
Can agent
Dan enterpreneur
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Question 485
jamb 2010

A worker who process rice is engaged in?

Aconstructive activity
Bcomercial activity
Cextractive activity
Dmanufacturing activity
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Question 486
jamb 2010

Division of labour ultimately leads to?

Aconservation
Bintergration
Cspecialization
Drepetition
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Question 487
jamb 2010

The factor of production that is subject to depreciation is?

Acapital
Bland
Clabour
Dentrepreneur
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Question 488
jamb 2010

The rewards of rents, wages, interests and profits accrue from?

Acapital, labour, land and enterpreneur respectively
Bland, enterpreneur,labour and capital respectively
Cland, labour, capital and entrepreneur respectively
Dlabour, enterpreneur, land and capital respectively
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Question 489
jamb 2010

Manufacturing and constructive activities are classified under?

Aprimary production
Btertiary production
Csecondary production
Ddirect service
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Question 490
jamb 2010

A doctor who attends to patients at home after his official duty is?

Aa community develoment worker
Ba direct service worker
Can indirect sevice worker
Da direct and an indirect sevice worker
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