Commerce Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
2601

Those who are engaged in the distribution of goods belong to

  • A. commercial occupation
  • B. extractive industry
  • C. manufacturing industry
  • D. construction industry
View Discussion (0)WAEC 2012 OBJ
2602

The production process that combines two or more raw materials into one end product is

  • A. conditioning
  • B. blending
  • C. merging
  • D. synthesis
View Discussion (0)JAMB 1994
2603

If a buyer is given 12.5% discount on N50,000 worth of goods, how much will he pay?

  • A. N56 250
  • B. N43 750
  • C. N43 250
  • D. N6250
View Discussion (0)JAMB 2009
2604

(a) State two advantages of courier services.

(b) List and explain six communication services rendered by the post office.

View Discussion (0)WAEC 2011 THEORY
2605

Opening the stock plug plus purchase of less closing the stock gives?

  • A. the rate of turnover
  • B. cost of goods sold
  • C. working capital
  • D. net profit
View Discussion (0)WAEC 1995 OBJ
2606

Stevedores as a term in foreign trade means men who

  • A) inspect goods in ships
  • B) import goods by ships
  • C) collect duties
  • D) load and unload ships
View Discussion (0)POST UTME OAU
2607

Which of the following is a feature peculiar to multiple shops?

  • A. Central location
  • B. Self service
  • C. Central buying
  • D. One stop shopping
View Discussion (0)WAEC 2005 OBJ
2608

Which of the following government legislation is not aimed at consumer protection?

  • A. Taxation Law
  • B. Sales of Goods Act
  • C. Food and Drugs Act
  • D. Standards Organization Act
View Discussion (0)WAEC 1997 OBJ
2609

Which of the following is classified as invisible item in balance of payment?

  • A. import of goods
  • B. Salaries of expartriates
  • C. Export of groundnuts
  • D. Sale of equipment
View Discussion (0)WAEC 2012 OBJ
2610

The distribution and exchange of goods and services for the satisfaction of wants is the concern of

  • A) Production
  • B) Utility
  • C) Commerce
  • D) Industry
View Discussion (0)POST UTME OAU