Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

43

Postage marks can be printed on letters and parcels using

  • A. Teleprinter machine
  • B. facsimile machine
  • C. folding machine
  • D. franking machine
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44

Postage marks can be printed on letters and parcels using

  • A. Teleprinter machine
  • B. facsimile machine
  • C. folding machine
  • D. franking machine
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45

C.O.D transactions are associated with

  • A. mail order firms
  • B. mobile shops
  • C. supermarkets
  • D. multiple shops
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46

C.O.D transactions are associated with

  • A. mail order firms
  • B. mobile shops
  • C. supermarkets
  • D. multiple shops
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47

Which of the following organizations aims at providing relief for countries facing adverse balance of payment?

  • A. A.C.P
  • B. G.A.T.T
  • C. U.N.C.T.A.D
  • D. I.M.F
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48

Which of the following organizations aims at providing relief for countries facing adverse balance of payment?

  • A. A.C.P
  • B. G.A.T.T
  • C. U.N.C.T.A.D
  • D. I.M.F
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49

A set of measures pursued by an organization in order to maintain goodwill in its environment is referred to as

  • A. human relations
  • B. public relations
  • C. personal relations
  • D. organizational set up
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50

A set of measures pursued by an organization in order to maintain goodwill in its environment is referred to as

  • A. human relations
  • B. public relations
  • C. personal relations
  • D. organizational set up
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51

Which of the following is the correct sequence in which the following documents are used?

  • A. Order, delivery note, debit note, invoice, statement
  • B. Order, advice note, debit note,invoice,statement
  • C. Order, statement, delivery note, invoice, debit note
  • D. Order, delivery note, invoice, debit note, statement
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52

A seller quoting his goods loco price means that

  • A. all charges are borne by the seller
  • B. all charges are borne by the buyer
  • C. the seller pays carriage as far as the buyers warehouse
  • D. the price includes cost, insurance and freight
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53

A seller quoting his goods loco price means that

  • A. all charges are borne by the seller
  • B. all charges are borne by the buyer
  • C. the seller pays carriage as far as the buyers warehouse
  • D. the price includes cost, insurance and freight
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54

Which of the following is not suitable for hire purchase?

  • A. Textiles
  • B. Furniture
  • C. Refrigerators
  • D. Printing machine
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55

Which of the following is not suitable for hire purchase?

  • A. Textiles
  • B. Furniture
  • C. Refrigerators
  • D. Printing machine
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56

Which of the following encourages trade between regions?

  • A. Differences in currencies of countries
  • B. Difference in national income of countries
  • C. Existence of trade associations
  • D. Differences in natural resources
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57

Which of the following encourages trade between regions?

  • A. Differences in currencies of countries
  • B. Difference in national income of countries
  • C. Existence of trade associations
  • D. Differences in natural resources
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58

Terms of trade is the

  • A. rate at which the central bank discounts first class bills
  • B. rate at which a country's exports exchange for its imports
  • C. expected rate of returns on an investment
  • D. rate of payment for goods and services purchased
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59

Which of the following is a feature peculiar multiple shops?

  • A. Central Location
  • B. Self Service
  • C. Central Buying
  • D. One stop shopping
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60

A manufacturer of goods that are seasonally demanded will be in dire need of a

  • A. wealthy customer
  • B. suitable means of transport
  • C. warehouse
  • D. large house frontage
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61

A manufacturer of goods that are seasonally demanded will be in dire need of a

  • A. wealthy customer
  • B. suitable means of transport
  • C. warehouse
  • D. large house frontage
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62

Which of the following will not be considered in choosing a channel of distribution?

  • A. Nature of product
  • B. Preferences of customers
  • C. Volume of sales
  • D. Quality of product
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63

Which of the following will not be considered in choosing a channel of distribution?

  • A. Nature of product
  • B. Preferences of customers
  • C. Volume of sales
  • D. Quality of product
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