Commerce Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
2401

Freight note is a document

  • A. issued by a shipping company giving details of changes
  • B. used by government to transport goods from one country to another
  • C. used for payment for imported goods
  • D. given by an importer to pay for goods at a future period
View Discussion (0)JAMB 2020
2402

Which of the following is the safest way of sending important document s through the post?

  • A) Registered mail
  • B) Parcel post
  • C) Letter post
  • D) Segmenting
View Discussion (0)POST UTME OAU
2403

Establishing and maintaining mutual understanding between an Organization and its customers is known as

  • A) Marketing concept
  • B) Advertising
  • C) Public relations
  • D) Sales promotion
View Discussion (0)POST UTME OAU
2404

(a) Mention four types of co-operative societies.

(b) State two distinguishing features and two functions of each type mentioned in 2(a) above.

View Discussion (0)WAEC 1998 THEORY
2405

Which of the following is not a source of capital to a sole proprietor?

  • A. Loan from firends
  • B. Personal savings
  • C. Ploughing back profit
  • D. Borrowing through debentures
View Discussion (0)WAEC 1993 OBJ
2406

Which of the following implies that the price quoted includes the cost of insurance and carriage?

  • A. F.O.B
  • B. F.A.S
  • C. C.O.D
  • D. C.I.F
View Discussion (0)WAEC 1999 OBJ
2407

Which of the following takes place when firms producing at different stages in the same industry combine?

  • A) conglomeration
  • B) vertical integration
  • C) horizontal integration
  • D) cartel
View Discussion (0)POST UTME OOU
2408

The buyer in a hire purchase contract becomes the legal owner of the goods by paying

  • A. initial deposit
  • B. the last installment
  • C. half of the purchase price
  • D. two-third of the purchase price
View Discussion (0)WAEC 2012 OBJ
2409

If the turnover of as business is N16,000 and the cost of goods N12,000, what is the percentage of gross profit on sales?

  • A. 75%
  • B. 40%
  • C. 33%
  • D. 25%
View Discussion (0)WAEC 2003 OBJ
2410

Which of the following is not pre-sale service?

  • A. Repair and maintenance work
  • B. Providing detailed information about the goods to be purchased
  • C. Demonstrating the use and performance of the products to be sold
  • D. Setting up facilities for storing the product to be bought
View Discussion (0)WAEC 2011 OBJ