Commerce Exam Past Questions and Answers | JAMB, WAEC and NECO

Commerce is a structured system for exchanging goods between buyers and sellers. It involves studying the processes and activities related to buying and selling goods and services, particularly on a large scale.

• Question 1611: The label on a product such as 'pampers' is atype of? Options:
  A) trademark
  B) branding
  C) packaging
  D) patent right
  Show Answer
  The correct answer is A .
• Question 1612: The development of commercial activities in Nigeria was facilitated largely by Options:
  A) a good transport system
  B) the indigenization decree
  C) a convenient medium of exchange
  D) a high level of production
  Show Answer
  The correct answer is C .
• Question 1613: The most effective type of advertising for branded product is? Options:
  A) direct advertising
  B) Indirect advertising
  C) informative advertising
  D) competitive advertising
  Show Answer
  The correct answer is D .
• Question 1614:

  The part of the computer that has the capacity to interpret instruction is

  Options:
  A) central processing unit
  B) universal power storage
  C) monitor
  D) keyboard
  Show Answer
  The correct answer is A .
• Question 1615:

  A business organization that exploits the capabilities of a member to remedy the weakness of another is a

  Options:
  A) joint venture
  B) partnership
  C) nominal partnership
  D) cooperative
  Show Answer
  The correct answer is D .
• Question 1616: Which of the following is NOT a function of the stock exchange market? Options:
  A) providing long term loans to large scale enterprises
  B) encouraging people to buy shares and thereby providing capital for investment
  C) providing means of assessing the value of a firm's assets
  D) enabling firms to wind-up quickly in times of difficulties
  Show Answer
  The correct answer is D .
• Question 1617: The financial instrument that entitles the holder to receive dividend and capital gains is a? Options:
  A) share
  B) bond
  C) bill of exchange
  D) treasury bill
  Show Answer
  The correct answer is A .
• Question 1618: The least of the advantages of indigenization is that Options:
  A) the standard of living of the indigenes is improved
  B) the economy is controlled by the nationals
  C) enterpreneurals skill is developped
  D) foreigners' domination is avoided
  Show Answer
  The correct answer is A .
• Question 1619: Goods discharged from ships on which import duties have not been paid are kept in the Options:
  A) ordinary warehouse
  B) public warehouse
  C) private warehouse
  D) bonded warehouse
  Show Answer
  The correct answer is D .
• Question 1620: One of the obstacles to achieving the objectives of ECOWAS is? Options:
  A) lack of a common currency
  B) colonial linkages
  C) sovereignty of states
  D) language differences
  Show Answer
  The correct answer is D .