Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

85

Which of the following products is likely to have a low rate of turnover?`

  • A. Foodstuff
  • B. ball-pen
  • C. Soap and Detergent
  • D. Furniture
  • E. Newspaper
View Answer & Discuss WAEC 1992
86

Which of the following products is likely to have a low rate of turnover?`

  • A. Foodstuff
  • B. ball-pen
  • C. Soap and Detergent
  • D. Furniture
  • E. Newspaper
View Answer & Discuss WAEC 1992
87

Which of the following functions is not performed by as small retailer?

  • A. Selling in units to consumers
  • B. Financing producers
  • C. Buying from wholesaler
  • D. Selling goods on credits
  • E. Stocking a variety of goods
View Answer & Discuss WAEC 1992
88

Which of the following functions is not performed by as small retailer?

  • A. Selling in units to consumers
  • B. Financing producers
  • C. Buying from wholesaler
  • D. Selling goods on credits
  • E. Stocking a variety of goods
View Answer & Discuss WAEC 1992
89

Which of the following functions is not performed by as small retailer?

  • A. Selling in units to consumers
  • B. Financing producers
  • C. Buying from wholesaler
  • D. Selling goods on credits
  • E. Stocking a variety of goods
View Answer & Discuss WAEC 1992
90

Which of the following functions is not performed by as small retailer?

  • A. Selling in units to consumers
  • B. Financing producers
  • C. Buying from wholesaler
  • D. Selling goods on credits
  • E. Stocking a variety of goods
View Answer & Discuss WAEC 1992
91

Manufacturing ends when goods?

  • A. are advertised to the customers
  • B. and services are used by the producers
  • C. are packed and labelled
  • D. are sold in the markets
  • E. reach the final user
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92

The minimum number of membership for a public limited company is?

  • A. two
  • B. seven
  • C. seventeen
  • D. twenty
  • E. fifty
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93

Nearness to a city centre and a busy street is a necessary condition for sitting?

  • A. a market place
  • B. a sales office
  • C. an accounts office
  • D. an advertising office
  • E. A wholesale warehouse
View Answer & Discuss WAEC 1992
94

Nearness to a city centre and a busy street is a necessary condition for sitting?

  • A. a market place
  • B. a sales office
  • C. an accounts office
  • D. an advertising office
  • E. A wholesale warehouse
View Answer & Discuss WAEC 1992
95

Which of the following is common to both large and small firms?

  • A. Lower running cost
  • B. Personal attention to customers
  • C. Large capital
  • D. Profit making
  • E. Opening On public holidays
View Answer & Discuss WAEC 1992
96

Which of the following is common to both large and small firms?

  • A. Lower running cost
  • B. Personal attention to customers
  • C. Large capital
  • D. Profit making
  • E. Opening On public holidays
View Answer & Discuss WAEC 1992
97

Which of the following cannot be used as a means of transport between Kano and Lagos?

  • A. Airplane
  • B. Ship
  • C. Train
  • D. Bus
  • E. Car
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98

A del credere agents is distinguished from other agent in that he?

  • A. is a partner in a trading fim
  • B. works for his principal on commission basis
  • C. is a middle man in a transaction involving two or more people
  • D. usually guarantees payments in any transcaction
  • E. is a dealer on the stock exchange
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99

A speculator who buys shares and stocks in anticipating of a rise in their price at the stock Exchange is a?

  • A. bull
  • B. bear
  • C. broker
  • D. jobber
  • E. stag
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100

Ware house are located in Lagos because of?

  • A. availability of wholesale
  • B. even development
  • C. nearness to sea and airports
  • D. the need to check smuggling
  • E. the need to create additional cost of production
View Answer & Discuss WAEC 1992
101

Ware house are located in Lagos because of?

  • A. availability of wholesale
  • B. even development
  • C. nearness to sea and airports
  • D. the need to check smuggling
  • E. the need to create additional cost of production
View Answer & Discuss WAEC 1992
102

The main similarity between commercial banks and other financial institution is?

  • A. the acceptance of customers' deposit and making on their behalf
  • B. financing of balance of payment deficits
  • C. creating and destroying money
  • D. giving credits to individuals or organizations
  • E. giving night safe facilities
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103

Which of the following is not a reason for forming a customer association?

  • A. Protection against poor quality goods
  • B. Protection against unscrupulous salesmen
  • C. Improving the quality of goods to consumers
  • D. Improving the quality of services to shoppers
  • E. Making profit for consumers
View Answer & Discuss WAEC 1992
104

Which of the following is not a reason for forming a customer association?

  • A. Protection against poor quality goods
  • B. Protection against unscrupulous salesmen
  • C. Improving the quality of goods to consumers
  • D. Improving the quality of services to shoppers
  • E. Making profit for consumers
View Answer & Discuss WAEC 1992
105

UTC, kingsway Stores and Leventis Stores are typical examples of?

  • A. Telephone
  • B. Recorded delivery
  • C. Telex
  • D. Express mail
  • E. Bill of lading
View Answer & Discuss WAEC 1992