Commerce Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
1631

The collection of tariffs on imported goods is the function of

  • A. Ports Authority
  • B. Customs and Excise Authority
  • C. Clearing and Forwarding Agents
  • D. Export Promotion Council
View Discussion (0)WAEC 2012 OBJ
1632

The problem of double coincidence of wants is that

  • A. it is hard to determine the exchange rate of goods
  • B. it does not encourage purchase of large quantities and varieties
  • C. deferred payment is not possible because goods exchange are not durable
  • D. one has to find someone who wants his surplus and also has what he needs
View Discussion (0)WAEC 2019 OBJ
1633

The media used for inter-department communication includes

  • A) circulars, notice boards and departments
  • B) memoranda, advertising and face-to-face
  • C) memoranda, advertising and telephone
  • D) memoranda, circulars and telephone
View Discussion (0)POST UTME OAU
1634

when a company sells shares to existing shareholders at preferential rate, this is

  • A. a right issue
  • B. bonus issue
  • C. private placing
  • D. issue by introduction
View Discussion (0)WAEC 2017 OBJ
1635

One of the functions of a trade association is to

  • A. pay members salaries
  • B. promote members' welfare
  • C. provide loans to members
  • D. provide employment for members
View Discussion (0)WAEC 2022 OBJ
1636

The process of buying and selling and distribution of goods and services is ______

  • A. retail trade
  • B. commerce
  • C. marketing concept
  • D. marketing
View Discussion (0)JAMB 2017
1637

The target of all marketing activities is the

  • A. consumer
  • B. middleman
  • C. producer
  • D. distributor
View Discussion (0)WAEC 2014 OBJ
1638

The difference between a private and public limited liability company is that the former?

  • A. is unable to offer shares to the public
  • B. is unable to declare and pay dividend
  • C. has a higher number of shareholders
  • D. pays higher salaries to its managers
View Discussion (0)JAMB 2006
1639

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

  • A. current account of the drawer
  • B. current account of the payee
  • C. savings account of the payee
  • D. fixed account of the payee
View Discussion (0)JAMB 2008
1640

equity interest in a company is represented by?

  • A. preference shares
  • B. dividend
  • C. debenture
  • D. ordinary shares
View Discussion (0)WAEC 2015 OBJ