Commerce Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
191

A group of trims that produce similar goods or sen/ices is called?

  • A. an industry
  • B. a trade association
  • C. a cartel
  • D. a holding company
View Discussion (0)WAEC 1994 OBJ
192

Which of the following is a limitation of division of labour?

  • A. Decline in craftmanship
  • B. Monotony of work
  • C. Reduction in output
  • D. Reduction in labour force
View Discussion (0)JAMB 2011
193

Carriage forward on an invoice means

  • A. carriage will be paid next time
  • B. carriage will be paid by seller
  • C. carriage will be paid by buyer
  • D. carriage has been paid
View Discussion (0)WAEC 2013 OBJ
194

An aspect of the law which allows an exclusive right for a limited number of years is a

  • A. copyright
  • B. trade mark
  • C. raffication
  • D. patent
View Discussion (0)JAMB 2000
195

The scope of commerce is limited to

  • A) home and foreign trade
  • B) wholesale and retail trade
  • C) trade and aids-to-trade
  • D) wholesale and entrepot trade
View Discussion (0)POST UTME OAU
196

Paper money originated in form of receipt given by?

  • A. money lenders
  • B. goldsmiths
  • C. bankers
  • D. traders
View Discussion (0)WAEC 1990 OBJ
197

Which of the following is a commercial service?

  • A. Transporting
  • B. Garri processing
  • C. Oil drilling
  • D. Lumbering
View Discussion (0)WAEC 1991 OBJ
198

How many countries form ECOWAS

  • A. 17
  • B. 16
  • C. 15
  • D. 14
View Discussion (0)WAEC 2018 OBJ
199

A group of retailing shops under one management and selling then same products is known as?

  • A. multiple shop
  • B. supermarket
  • C. department stores
  • D. variety store
View Discussion (0)WAEC 1992 OBJ
200

A house insured against damage by flood was burnt down and the owner had no claim. which of the following principles prevented him from making a claim

  • A. indemnity
  • B. contribution
  • C. insurable interest
  • D. proximate cause
View Discussion (0)WAEC 2015 OBJ