Commerce Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
2641

The service of a retailer is part of production because it

  • A. creates a link between consumers and producers
  • B. enables finished goods to reach consumers
  • C. increases consumers' standard of living
  • D. is a commercial occupation
View Discussion (0)WAEC 2022 OBJ
2642

That portion of the share capital which the company has asked the shareholders to pay for is known as

  • A. authorized capital
  • B. paid-up capital
  • C. issued capital
  • D. called-up capital
View Discussion (0)WAEC 2011 OBJ
2643

Which of the following is the most important business resource?

  • A) money
  • B) management
  • C) materials
  • D) manpower
View Discussion (0)WAEC OOU OBJ
2644

Which of the following is the most suitable means of transporting bulky goods from Lagos to Kaduna? By

  • A. Train
  • B. Aeroplane
  • C. Ship
  • D. Lorry
View Discussion (0)WAEC 1990 OBJ
2645

Which of the following gives the correct order in which the listed documents are used?

  • A) debit note, order, delivery note, invoice and statement
  • B) order, delivery note, invoice, debit note and statement
  • C) statement, order, invoice, delivery note and debit note
  • D) invoice, order, statement, debit note and delivery note
View Discussion (0)POST UTME OOU
2646

Labour as an input in production can be motivated by

  • A. training
  • B. profit
  • C. remuneration
  • D. promotion
View Discussion (0)JAMB 2016
2647

The agreement of insurers to spread risks among themselves is a major feature of?

  • A. reinsurance
  • B. life insurance
  • C. underwriter
  • D. marine insurance
View Discussion (0)JAMB 2011
2648

In CIF contracts, risk passes at the time of shipment but the property does not pass until?

  • A. there is physical transfer of goods
  • B. the shipping manifest are signed
  • C. the shipping documents are transferred
  • D. the goods on board are delivered
View Discussion (0)JAMB 2005
2649

The price quotation where the buyer uses his own means to collect goods from the producer's warehouse is

  • A. F.O.B
  • B. ex-works
  • C. F.A.S
  • D. F.O.R
View Discussion (0)WAEC 2006 OBJ
2650

An aid to trade associated with communications is?

  • A. advertisement
  • B. transportation
  • C. warehousing
  • D. insurance
View Discussion (0)JAMB 2009