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 171: Taking a new product to a particular part of a country to test the reaction of consumers to the product referred to as Options:
  A) sales promotion
  B) sampling
  C) merchandizing
  D) advertising
  Show Answer
  The correct answer is A .
• Question 172: In Nigeria, the ministry in charge of registering trade associations is that of? Options:
  A) industries
  B) commerce
  C) culture and tourism
  D) finance
  Show Answer
  The correct answer is B .
• Question 173: An important principle of a good organization structure is Options:
  A) ideal standard
  B) span control
  C) clarity of mission
  D) adequacy resources
  Show Answer
  The correct answer is B .
• Question 174: A transporter who had to sell some perishable goods without the prior authority of the owner becomes an agent by? Options:
  A) conduct
  B) necessity
  C) ratification
  D) estoppel
  Show Answer
  The correct answer is B .
• Question 175: Awarding scholarships and sponsoring sports by a business organization are example of? Options:
  A) advertising strategy
  B) economic responsibility
  C) marketing strategy
  D) social responsibility
  Show Answer
  The correct answer is D .
• Question 176:

  Another name or term for a dishonoured cheque is

  Options:
  A) a bearer cheque
  B) an open cheque
  C) a bounced cheque
  D) an order cheque
  Show Answer
  The correct answer is C .
• Question 177: An engineer in government employ is to be rendering? Options:
  A) primary service
  B) tertiary service
  C) indirect service
  D) direct service
  Show Answer
  The correct answer is C .
• Question 178: One way by which a business can discharge its social responsibility to its community is to? Options:
  A) hold monthly meetings of its customers
  B) building houses for its executives
  C) award scholarship to staff children
  D) build public health centres
  Show Answer
  The correct answer is D .
• Question 179:

  A government policy that encourages transfer of ownership from foreigners to indigenes of the country is known as

  Options:
  A) indigenisation
  B) commercialisation
  C) nationalisation
  D) privatisation
  Show Answer
  The correct answer is A .
• Question 180: Which of the following best describes the classification of computer? Options:
  A) Mini-computer, speed and size
  B) Micro-computer, cost and abilities
  C) Mini-computer, Micro-computer and work station
  D) Mini-computer , hybrid and digital
  Show Answer
  The correct answer is C .