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 1641: An activity that involves derivation of raw materials from land and sea is? Options:
  A) construction
  B) farming
  C) agriculture
  D) extraction
  Show Answer
  The correct answer is D .
• Question 1642: The mode of transportation that is noted for on time dependability and low cost peer unit on gods carried is? Options:
  A) pipe line
  B) air
  C) rail
  D) road
  Show Answer
  The correct answer is B .
• Question 1643: A printer that burns the print image onto the photosensitive drum is called Options:
  A) dot matrix printer
  B) daisy wheel printer
  C) laser printer
  D) thermal printer
  Show Answer
  The correct answer is C .
• Question 1644:

  An example of a computer operating system is

  Options:
  A) the page maker
  B) windows 2000
  C) Microsoft word 2000
  D) the word perfect
  Show Answer
  The correct answer is B .
• Question 1645: Management is described as Options:
  A) getting things done through people
  B) implementing of business decision
  C) the numbers of levels in an organization
  D) the people in authority in an organization
  Show Answer
  The correct answer is B .
• Question 1646:

  In the formation of a united liability company, the following documents are prepared except_______

  Options:
  A) Memorandum of Association
  B) Article of Association
  C) Statement of Nominal Capita
  D) Prospectus
  Show Answer
  The correct answer is D .
• Question 1647: The lake Chad Basin commission was founded to enable member states Options:
  A) expand the volume of water in the lake for fishing activities
  B) increase navigational activities on the lake
  C) dam the lake for electricity and agricultural purposes
  D) co-ordinate their efforts in managing the use of the lake's resources
  Show Answer
  The correct answer is D .
• Question 1648:

  

  The chart above represent the?

  Options:
  A) product mix relationship
  B) marketing mix relationship
  C) promotion mix elationship
  D) advertising mix relationship
  Show Answer
  The correct answer is B .
• Question 1649: Citizens are against privatization mainly because of? Options:
  A) the rationalization of organizations
  B) increased prices of goods and services
  C) the likelihood of monopoly
  D) ineffective management
  Show Answer
  The correct answer is B .
• Question 1650: A contract which is devoid of legal effect is Options:
  A) void contract
  B) unenforceable contract
  C) voidable contract
  D) valid contract
  Show Answer
  The correct answer is C .