Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

1681

The branches of Commerce include all the following EXCEPT

  • A. advertising
  • B. barbing
  • C. trade
  • D. transport
  • E. warehousing
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1682

The branches of Commerce include all the following EXCEPT

  • A. advertising
  • B. barbing
  • C. trade
  • D. transport
  • E. warehousing
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1683

The government regulates business activities through the following measures EXCEPT

  • A. copy right
  • B. patents
  • C. registration
  • D. trade marks
  • E. inspection
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1684

Shares issued to existing shareholders, without paying for them are referred to as ……. issue.

  • A. allowance
  • B. bonus
  • C. extra
  • D. right
  • E. special
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1685

Which of the following forms of business unit requires a certificate of trading before commencing business?

  • A. Partnership
  • B. Public liability company
  • C. Private liability company
  • D. Public corporation
  • E. Sole proprietorship
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1686

Advertising could be used to achieve all the following EXCEPT

  • A. building primary demand
  • B. creating brand loyalty
  • C. creating employee loyalty
  • D. enhancing turn-over
  • E. increasing market share
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1687

Advertising could be used to achieve all the following EXCEPT

  • A. building primary demand
  • B. creating brand loyalty
  • C. creating employee loyalty
  • D. enhancing turn-over
  • E. increasing market share
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1688

The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.

  • A. copyright
  • B. fundamental right
  • C. patent
  • D. right to machine
  • E. trade mark
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1689

The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.

  • A. copyright
  • B. fundamental right
  • C. patent
  • D. right to machine
  • E. trade mark
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1690

A large rental organization with a number of sections selling different goods in the same building is called a ….

  • A. chain store
  • B. departmental store
  • C. multiple shop
  • D. self service shop
  • E. Supermarket
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1691

A large rental organization with a number of sections selling different goods in the same building is called a ….

  • A. chain store
  • B. departmental store
  • C. multiple shop
  • D. self service shop
  • E. Supermarket
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1692

When a business organization constructs schools and roads for the use of a community. such responsibility is

  • A. commercial
  • B. economical
  • C. industrial
  • D. political
  • E. social
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1693

One of the barriers to foreign trade is the presence of

  • A. difference in goods and services
  • B. different means of transportation
  • C. many society personnel
  • D. tariffs on goods and services
  • E. various means of production
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1694

Which of the following invites the general public to subscribe for its shares?

  • A. Co-operative
  • B. Private liability company
  • C. Public corporation
  • D. Public liability company
  • E. Sole proprietorship
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1695

Which of the following invites the general public to subscribe for its shares?

  • A. Co-operative
  • B. Private liability company
  • C. Public corporation
  • D. Public liability company
  • E. Sole proprietorship
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1696

Which of the following does NOT relate to marine insurance?… policy

  • A. Endowment
  • B. Floating
  • C. Time
  • D. Valued
  • E. Voyage
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1697

Which of the following does NOT relate to marine insurance?… policy

  • A. Endowment
  • B. Floating
  • C. Time
  • D. Valued
  • E. Voyage
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1698

……is a letter sent to the suppliers requesting details of goods offered for sale

  • A. An Invoice
  • B. Letter of enquiry
  • C. Purchase order
  • D. Requisition
  • E. Quotation
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1699

……is a letter sent to the suppliers requesting details of goods offered for sale

  • A. An Invoice
  • B. Letter of enquiry
  • C. Purchase order
  • D. Requisition
  • E. Quotation
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1700

The reward for Labour as a factor of production is

  • A. interest
  • B. premium
  • C. profit
  • D. rent
  • E. wage
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1701

The reward for Labour as a factor of production is

  • A. interest
  • B. premium
  • C. profit
  • D. rent
  • E. wage
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