Commerce Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
1801

(a) Explain industrial occupation. Give three examples.

(b) State three uses of capital as a factor of production.

(c) State four uses of land as a factor of production.

View Discussion (0)WAEC 2011 THEORY
1802

A contract can be terminated through

  • A. physical combat
  • B. family intervention
  • C. frustration
  • D. consultation
View Discussion (0)JAMB 2013
1803

One type of investment that have a variable income is

  • A. debentures
  • B. preferred shares
  • C. government bonds
  • D. ordinary shares
View Discussion (0)JAMB 1997
1804

An economic activity which deals with natural resources is a form of?

  • A. extraction
  • B. refining
  • C. construction
  • D. manufacturing
View Discussion (0)JAMB 2007
1805

Turnover may be increased by?

  • A. increasing prices and product differentiation
  • B. advertising and cutting prices
  • C. refusing credits and customer services
  • D. increasing the mark-up
View Discussion (0)WAEC 1991 OBJ
1806

The reward for land as a factor of production is

  • A. wage
  • B. rent
  • C. profit
  • D. interest
View Discussion (0)WAEC 2021 OBJ
1807

Shares can be forfeited for

  • A) non-payment of any due to the company
  • B) non-attending three annual general meeting consecutively
  • C) non-payment of call money
  • D) violent activities at the Annual General Meetings
View Discussion (0)POST UTME OOU
1808

The most important concept on production is?

  • A. utility
  • B. wealth creation
  • C. transformation
  • D. distribution
View Discussion (0)JAMB 2005
1809

The practice whereby customers purchase goods without being attended to by shop assistants is

  • A. presales service
  • B. after sales service
  • C. self service
  • D. impulse buying
View Discussion (0)WAEC 2010 OBJ
1810

Drawing two parallel lines across a cheque means that it has to be paid into the account of the

  • A. payee
  • B. drawer
  • C. drawee
  • D. payer
View Discussion (0)JAMB 1994