Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

From the above information, calculate the following:
(a) Total fixed assets
(b) Total current assets
(c) Total current liabilities
(d) The working capital
(e) The capital employed

(a) Give five reasons for the protection of consumers 

(b) state five measures taken to protect consumers.

(a) State four differences between a loan and an overdraft

(b) Explain six factors to be considered by a bank manager before granting a loan.

(a) Outline six functions of advertising

(b) Explain seven factors to be considered in choosing an advertising medium 

 Explain the following:

(a) Insurance underwriter

(b) Promoters

(c) Auctioneer

(d) Factor

(e) Broker.  
 

(a) State two advantages of courier services.

(b) List and explain six communication services rendered by the post office. 
 

(a) List four means of payment in business.

(b) Explain the following: (i) Quotation  (ii) Hire purchase  (iii) Deferred payment  (iv) Quantity discount. 
 

(a) State any four advantages of a public limited company.

(b) Explain the following:

(I) Ordinary shares (ii) Cumulative preference shares (iii) Debenture. 
 

(a) State five features of a partnership business.

(b) Explain five reasons why governments participate in business.

(a) Explain industrial occupation. Give three examples.

(b) State three uses of capital as a factor of production.

(c) State four uses of land as a factor of production.

When consumers engage in actions that express dissatisfaction with the quantity, price and quality of goods available, such action is termed

When consumers engage in actions that express dissatisfaction with the quantity, price and quality of goods available, such action is termed

The essence of adopting marketing concept by a firm is the recognition that goods and services have no values unless they are

The essence of adopting marketing concept by a firm is the recognition that goods and services have no values unless they are

A false statement made by one party with an intention of inducing to enter into a contract with him is known as

Which of the following is not a member of the Lake Chad Basin Commission

The development of commerce was encouraged by the desire to

The development of commerce was encouraged by the desire to

The completion of the production process by grading and branding of goods is a function of the

The completion of the production process by grading and branding of goods is a function of the

Which of the following pieces of information would be found in a typical debit note