Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

1

The social responsibility factor of an organization is geared towards

  • A. contributing to the sustenance and development of its host community
  • B. operating without disrupting the very esssence of the environment
  • C. tackling the soci-economic problems of the state
  • D. meeting the needs and demands of the shareholders
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2

The social responsibility factor of an organization is geared towards

  • A. contributing to the sustenance and development of its host community
  • B. operating without disrupting the very esssence of the environment
  • C. tackling the soci-economic problems of the state
  • D. meeting the needs and demands of the shareholders
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3

A Digital Versatile Disk is an example of a

  • A. transmission control protocol
  • B. microprocessor
  • C. file transfer protocol
  • D. computer storage device
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4

A Digital Versatile Disk is an example of a

  • A. transmission control protocol
  • B. microprocessor
  • C. file transfer protocol
  • D. computer storage device
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5

Which of the following computers can be used in weather forecast?

  • A. Hybrid computer
  • B. Digital computer
  • C. Mainframe computer
  • D. Analog computer
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6

Which of the following computers can be used in weather forecast?

  • A. Hybrid computer
  • B. Digital computer
  • C. Mainframe computer
  • D. Analog computer
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7

The three functional units of a modern computer are

  • A. input, processor and output units
  • B. processor, FOTRAN and output units
  • C. black box, output and input units
  • D. basic, COBOL and output units
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8

A contract which is devoid of legal effect is

  • A. void contract
  • B. unenforceable contract
  • C. voidable contract
  • D. valid contract
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9

The difference between a factor and a broker is that the former

  • A. is licensed to sell goods on auction
  • B. has a lien on the goods he possesses
  • C. is not in possession of the goods
  • D. cannot sell in his own name
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10

The difference between a factor and a broker is that the former

  • A. is licensed to sell goods on auction
  • B. has a lien on the goods he possesses
  • C. is not in possession of the goods
  • D. cannot sell in his own name
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11

Hire purchase is advantageous to the seller in that

  • A. it elevates his living standard
  • B. his turnover will increase
  • C. people pay on installment
  • D. it enhances high level of patronage
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12

Hire purchase is advantageous to the seller in that

  • A. it elevates his living standard
  • B. his turnover will increase
  • C. people pay on installment
  • D. it enhances high level of patronage
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13

Mr Taiwo entered into a contract to let a car to Mr Bunmi for his wedding for two days. However, the car had an accident before the first day. Mr Bunmi attempted to claim damages but failed. This implies the contract was terminated by

  • A. bankruptcy
  • B. frustration
  • C. breach
  • D. lapse of time
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14

Which of the following is used as pricing policy?

  • A. labelling
  • B. packaging
  • C. market selection
  • D. market skimming
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15

Which of the following is used as pricing policy?

  • A. labelling
  • B. packaging
  • C. market selection
  • D. market skimming
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16

Which of the following aspects of marketing stimulates buying by providing free gifts

  • A. a personal selling
  • B. sales promotion
  • C. advertising
  • D. publicity
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17

The physical and psychological satisfaction a customer derives from the purchase of goods and services is

  • A. production
  • B. product mix
  • C. utility
  • D. trade
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18

The physical and psychological satisfaction a customer derives from the purchase of goods and services is

  • A. production
  • B. product mix
  • C. utility
  • D. trade
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19

A business that focuses attention on the quality of the goods produced by precisely knowing what the consumers desire is said to be operation the

  • A. product mix
  • B. promotion mix
  • C. marketing concept
  • D. product orientation.
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20

A business that focuses attention on the quality of the goods produced by precisely knowing what the consumers desire is said to be operation the

  • A. product mix
  • B. promotion mix
  • C. marketing concept
  • D. product orientation.
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21

Marketing differs from selling in that,the latter only creates

  • A. possession utility
  • B. marginal utility
  • C. form utility
  • D. place utility
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