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 511
jamb 2008
The implied provisions in every sale of goods as contained in the Sales of Goods Act of 1893 are conditions and?
Aconsideration
Bsureties
Cwarranties
Dguaranties
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Question 512
jamb 2008

An agreement between two parties which is enforceable by law is a?

Apromise
Bwarranty
Ccontract
Dcondition
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Question 513
jamb 2008

The coordinating section of the central processing unit that manages the flow of data is the?

Aarithematic logic unit
Bcontrol unit
Cmagnetic unit
Dregister
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Question 514
jamb 2008

An example of a non-insurable risk is?

Aburglary
Bspeculation
Cfire
Daccident
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Question 515
jamb 2008

The sum of money paid by a policy-holder to an insurer is referred to as?

Ainterest
Bpremium
Cgross profit
Dsales revenue
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Question 516
jamb 2008

A historical building is a feature of?

Acultural tourism
Bindustrial tourism
Cagricultural tourism
Decological tourism
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Question 517
jamb 2008
The development of tourism in Nigeria will enhance?
Aagriculture
Brevenue generation
Cexport
Dlabour mobility
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Question 518
jamb 2008
The fear of many communities concerning tourism development is the?
Ainfluence of foreign culture
Bfear of disease transmission
Cfear of pollution
Dreligious intolerance
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Question 519
jamb 2008

A major factor hindering effective communication process is?

Aclimate condition
Bsocial unrest
Cdistance
Dnoise
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Question 520
jamb 2008

A function generally performed by authorities of both the air and seaport is the?

Amaintance of warehouse where goods can be stored
Bprovision of facilities for loading and unloading of cargoes
Cmaintenance of security and order at the ports
Dprovision of facilities for landing and refuelling at the ports
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Question 521
jamb 2008

Ships used for international transport are?

Atrawelers
Byachets
Cocean liners
Dlaunchers
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Question 522
jamb 2008

Personal selling is used for the purpose of?

Aestablishing the company
Bproviding information
Ccreating product awareness
Dgiven financial assistance
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Question 523
jamb 2008

The four Ps of marketing are?

Aproduct, place , process and promotion
Bprice, product, properrty and place
Cprice, product, place and promotion
Dprice, production , place and property
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Question 524
jamb 2008
The resources which are necessary for business development include?
Amanufacturing , materials mentors and money
Bmerchant, materials, mentors and money
Cman, money, materials and machines
Dmachines, manufacturing , money and materials
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Question 525
jamb 2008

An association to which all chambers of commerce in Nigeria are affiliated is the?

ANigeria Labour Congress
BNational Association of Chambers of commerce, industry, Mines and Agriculture
CNigeria Association of Chambers of commerce, industry, Mines and Agriculture
DNigeria Stock Exchange
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Question 526
jamb 2008

The pooling of business information for the benefit of members is a major function of a?

Apressure group
Btrade association
Ccultural group
Dtrade union
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Question 527
jamb 2008

A crossed cheque with the inscription 'not negotiable' must be paid into the?

Acurrent account of the drawer
Bcurrent account of the payee
Csavings account of the payee
Dfixed account of the payee
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Question 528
jamb 2008

When 'FOB' is written on a document, it implies that the buyer bears the?

Acost of goods and advert
Bloading costs and insurance
Cinsurance and transport costs
Dtransport and communication costs
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Question 529
jamb 2008

A document sent by a seller to inform a buyer about the prices of goods is the?

Acatalogue
Bprice list
Ccredit note
Dproforma invoice
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Question 530
jamb 2008

Most of the barriers to international trade have been eliminated through?

Adiversification
Bglobalization
Ccommercialization
Dprivatization
View Explanation & Discuss
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