Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

22

A major reason why government regulate business activities is to?

  • A. prevent producers from selling at profit
  • B. providing employment to schools
  • C. ensures fair practices and consumers protection
  • D. force producers to export more goods
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23

If Baba is forced to agree go the terms of a contract at gun point, the contract is entered into?

  • A. under duress
  • B. through frustration
  • C. through misrepresentation
  • D. by mistake
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24

If Baba is forced to agree go the terms of a contract at gun point, the contract is entered into?

  • A. under duress
  • B. through frustration
  • C. through misrepresentation
  • D. by mistake
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25

The grading of products to satisfy different buyers is referred to as?

  • A. product mix
  • B. product differentiation
  • C. product concept
  • D. product line
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26

Which of the following types of cheque protects the holder against the risk of loss?

  • A. Open cheque
  • B. Bearer cheque
  • C. Post dated cheque
  • D. Crossed cheque
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27

Which of the following types of cheque protects the holder against the risk of loss?

  • A. Open cheque
  • B. Bearer cheque
  • C. Post dated cheque
  • D. Crossed cheque
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28

Which of the following types of cheque protects the holder against the risk of loss?

  • A. Open cheque
  • B. Bearer cheque
  • C. Post dated cheque
  • D. Crossed cheque
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29

Which of the following is a customer service?

  • A. Delivery
  • B. Merchandizing
  • C. Branding
  • D. Market research
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30

Which of the following is a customer service?

  • A. Delivery
  • B. Merchandizing
  • C. Branding
  • D. Market research
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31

ECOWAS is form of?

  • A. economic union
  • B. political union
  • C. trade union
  • D. free trade association
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32

ECOWAS is form of?

  • A. economic union
  • B. political union
  • C. trade union
  • D. free trade association
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33

ECOWAS is form of?

  • A. economic union
  • B. political union
  • C. trade union
  • D. free trade association
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34

A label on a product such as “Three Crown Milk” is a form of?

  • A. patent right
  • B. branding
  • C. copy right
  • D. packaging
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35

Which of the following is a disadvantage of the use of teleprinters in communication?

  • A. Transmission speed is slow
  • B. Pictures cannot be transmitted
  • C. Transmission quality is poor
  • D. It cannot transmit during bad weather
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36

Which of the following is a disadvantage of the use of teleprinters in communication?

  • A. Transmission speed is slow
  • B. Pictures cannot be transmitted
  • C. Transmission quality is poor
  • D. It cannot transmit during bad weather
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37

A certificate of incorporation is best favour by?

  • A. ordinary post
  • B. recorded delivery
  • C. express mail
  • D. Parcel post
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38

Which of the following does not influence the choice of means of transport?

  • A. Discount
  • B. Value of goods
  • C. Urgency
  • D. Brand of vehicle
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39

Which of the following does not influence the choice of means of transport?

  • A. Discount
  • B. Value of goods
  • C. Urgency
  • D. Brand of vehicle
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40

The term legal tender refers to?

  • A. coins and cheques
  • B. coins and bank notes
  • C. cheques and bank notes
  • D. postal and money orders
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41

Who among among the following is not function of a stock exchange market?

  • A. Bull
  • B. Broker
  • C. Jobber
  • D. Promoter
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42

Which of the following is not function of money? it?

  • A. is a medium of exchange
  • B. serves as a store of value
  • C. is easily recognizable
  • D. make deferred payments possible
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