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 19 99 total questions
Question 41
jamb 2010

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

Aconsumerism
Bmarketing
Cadvertising
Dreponsitioning
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Question 42
jamb 2010

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

Adumping
Bdepreciation
Cdevaluation
Ddiscounting
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Question 43
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 44
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 45
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 46
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 47
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 48
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 49
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 50
jamb 2010

After-sales service is a function usually rendered by?

Aa retailer
Ba wholesaler
Can agent
Dan enterpreneur
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Question 51
jamb 2010

A worker who process rice is engaged in?

Aconstructive activity
Bcomercial activity
Cextractive activity
Dmanufacturing activity
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Question 52
jamb 2010

Division of labour ultimately leads to?

Aconservation
Bintergration
Cspecialization
Drepetition
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Question 53
jamb 2010

The factor of production that is subject to depreciation is?

Acapital
Bland
Clabour
Dentrepreneur
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Question 54
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 55
jamb 2010

Manufacturing and constructive activities are classified under?

Aprimary production
Btertiary production
Csecondary production
Ddirect service
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Question 56
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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Question 57
jamb 2010

Which of the following can be used to differentiate skilled and unskilled labour?

AEducation and training
BAvailable resources
CLevel of commitment
DSalaries and wages
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Question 58
jamb 2010

The wealth of a nation depends on the volume of its?

Abilateral trade activities
Bcommercial activities
Cmultilateral trade activities
Dstock market
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Question 59
jamb 2010
Which Commerce Question Paper is given to you?
AType A
BType B
CType C
DType D
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