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.

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

49 questions
Question 1 of 20 49 total questions
Question 1
jamb 2010

In e-banking, ATM means

AAuthentic Teller Manchine
BAutmatic Teller Machine
CAll-purpose Teller Machine
DAutomated Teller Machine
View Explanation & Discuss
Question 2
jamb 2010

One way by which a business can discharge its social responsibility to its community is to?

Ahold monthly meetings of its customers
Bbuilding houses for its executives
Caward scholarship to staff children
Dbuild public health centres
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Question 3
jamb 2010

A device that enables the downloading of information from the internet is the?

Afloppy drive
Bcompact disk
Cmodem
Dbluetooth
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Question 4
jamb 2010
The major problem confronting Cyber Cafe operators is?
Aadvance fee fraud by clientele
Bpoor network coverage
Chigh operating costs
Dcopyright voilations by clients
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Question 5
jamb 2010

The central working system of a computer used for data processing is the?

Amemory unit
Bmonitor
Cfloppy disk drive
Dhard drive
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Question 6
jamb 2010

A printed copy of processed information from the computer is the?

Asoft copy
Bfile copy
Cscanned copy
Dhard copy
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Question 7
jamb 2010

Which of the following is a function of consumerism?

AProtecting consumers' rights
Bproviding consumers' choice
Cproviding consumers' needs
DMaking profiteering impossible
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Question 8
jamb 2010

The difference between trademark and patent right is that the latter?

Agives exclusive right to import a particular good
Bis conferred by the government
Cconfers monopoly on a product
Dconfers exclusive right to publish literary works
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Question 9
jamb 2010

An agency contract must involve?

Aa principal and a consumer
Ba principal and a producer
Ca principal and a third party
Da principal and an agent
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Question 10
jamb 2010

An opportunity to reject a binding contract at will by a third party is said to be a?

Avalid contract
Bquasi contract
Cvoidable contract
Dconditional contract
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Question 11
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
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Question 12
jamb 2010

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

Atrademark
Bbranding
Cpackaging
Dpatent right
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Question 13
jamb 2010

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

Atarget return pricing
Bbid pricing
Cvariable pricing
Dproduct line pricing
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Question 14
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
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Question 15
jamb 2010

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

Aform utility
Bproduct utility
Cpossession utility
Dplace utility
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Question 16
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
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Question 17
jamb 2010

The three components of staffing are?

Arecruitment, interview and appointment
Brecruitment, test and placement
Crecruitment, selection and appointment
Drecruitment, selection and placement
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Question 18
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
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Question 19
jamb 2010

The instrument used in the capital market is?

Atreasury bills
Bbill of exchange
Cstock
Ddebenture
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Question 20
jamb 2010

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

Ahomogeneity
Beasy portability
Cdivisibility
Drelative scarcity
View Explanation & Discuss
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