Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

43

Which of the following is used to inform the buyer that goods available for sale?

  • A. Quotation
  • B. Proforma
  • C. Advice note
  • D. Despatch book
View Answer & Discuss WAEC 2003
44

Which of the following is used to inform the buyer that goods available for sale?

  • A. Quotation
  • B. Proforma
  • C. Advice note
  • D. Despatch book
View Answer & Discuss WAEC 2003
45

Which of the following is used to inform the buyer that goods available for sale?

  • A. Quotation
  • B. Proforma
  • C. Advice note
  • D. Despatch book
View Answer & Discuss WAEC 2003
46

Which of the following contains the complete information on goods available for sale?

  • A. Invoice
  • B. Delivery note
  • C. Consignment note
  • D. Catalogue
View Answer & Discuss WAEC 2003
47

Which of the following contains the complete information on goods available for sale?

  • A. Invoice
  • B. Delivery note
  • C. Consignment note
  • D. Catalogue
View Answer & Discuss WAEC 2003
48

Which of the following contains the complete information on goods available for sale?

  • A. Invoice
  • B. Delivery note
  • C. Consignment note
  • D. Catalogue
View Answer & Discuss WAEC 2003
49

Taxes imposed on locally made goods are known as?

  • A. ad valorem
  • B. import duties
  • C. export drawback
  • D. excise duties
View Answer & Discuss WAEC 2003
50

A public limited liability company can be enter into contracts because it?

  • A. has many employees
  • B. has shareholders
  • C. is legal entity
  • D. is allowed to take out debentures
View Answer & Discuss WAEC 2003
51

A public limited liability company can be enter into contracts because it?

  • A. has many employees
  • B. has shareholders
  • C. is legal entity
  • D. is allowed to take out debentures
View Answer & Discuss WAEC 2003
52

A public limited liability company can be enter into contracts because it?

  • A. has many employees
  • B. has shareholders
  • C. is legal entity
  • D. is allowed to take out debentures
View Answer & Discuss WAEC 2003
53

Total assets minus current liabilities is equal to a company’s?

  • A. gross profit
  • B. net profit
  • C. capital owned
  • D. capital employed
View Answer & Discuss WAEC 2003
54

Which of the following documents is required when a bill of lading is not readily available to enable the goods to be landed?

  • A. Bill of exchange
  • B. Certificate of origin
  • C. Consumers invoice
  • D. Bill of sight
View Answer & Discuss WAEC 2003
55

Which of the following documents is required when a bill of lading is not readily available to enable the goods to be landed?

  • A. Bill of exchange
  • B. Certificate of origin
  • C. Consumers invoice
  • D. Bill of sight
View Answer & Discuss WAEC 2003
56

Which of the following documents is required when a bill of lading is not readily available to enable the goods to be landed?

  • A. Bill of exchange
  • B. Certificate of origin
  • C. Consumers invoice
  • D. Bill of sight
View Answer & Discuss WAEC 2003
57

Which of the following tells the customer exactly what has been sold to him, the amount due and any discount granted?

  • A. Advice note
  • B. Statement
  • C. Invoice
  • D. Credit note
View Answer & Discuss WAEC 2003
58

Which of the following tells the customer exactly what has been sold to him, the amount due and any discount granted?

  • A. Advice note
  • B. Statement
  • C. Invoice
  • D. Credit note
View Answer & Discuss WAEC 2003
59

Which of the following tells the customer exactly what has been sold to him, the amount due and any discount granted?

  • A. Advice note
  • B. Statement
  • C. Invoice
  • D. Credit note
View Answer & Discuss WAEC 2003
60

To sell a bill at less that the face value before its maturity is?

  • A. discounting
  • B. retiring
  • C. accepting
  • D. noting
View Answer & Discuss WAEC 2003
61

To sell a bill at less that the face value before its maturity is?

  • A. discounting
  • B. retiring
  • C. accepting
  • D. noting
View Answer & Discuss WAEC 2003
62

To sell a bill at less that the face value before its maturity is?

  • A. discounting
  • B. retiring
  • C. accepting
  • D. noting
View Answer & Discuss WAEC 2003
63

Entrepot trade means?

  • A. exchange of goods between two countries
  • B. exchange of goods among many countries
  • C. exporting goods to be re - imported
  • D. importing goods to be re-exported
View Answer & Discuss WAEC 2003