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 2551:

  The effects of devaluation includes all except

  Options:
  A) expansion of local industries
  B) increase in import
  C) increase in standard of living
  D) exports become cheaper
  Show Answer
  The correct answer is C .
• Question 2552:

  The process of eliminating a virus from computer is the

  Options:
  A) programming
  B) formatting
  C) looping
  D) debugging
  Show Answer
  The correct answer is D .
• Question 2553:

  A self-contained chunk of code with principal aim to replies preferably undetected and to copy itself into the computer's memory and the computer's hard-disk is_________

  Options:
  A) Hardware
  B) Software
  C) Computer remedies
  D) Virus
  Show Answer
  The correct answer is D .
• Question 2554:

  A person engaged for the purpose of bringing his principal and a third party into a contractual relation is

  Options:
  A) an arbiter
  B) an auctioneer
  C) an agent
  D) a middlemen
  Show Answer
  The correct answer is C .
• Question 2555: One of the main features of a partnership is? Options:
  A) limited liability
  B) lack of corporate existence
  C) unlimited membership
  D) lack of utual confidence
  Show Answer
  The correct answer is B .
• Question 2556: A bill of exchange already accepted can be discounted by the holder in ______? Options:
  A) the central bank
  B) at least two banks
  C) his bank
  D) any bank
  Show Answer
  The correct answer is D .
• Question 2557:

  Chibuzor agreed to make a dress for Hauwa with September 20, 1995 as the delivery date, if the dress was not ready on that date, Hauwa could

  Options:
  A) sue chibuzor for specific performance
  B) seize another gown from chibuzor's shop
  C) regard the contract between then as terminated
  D) sue chibuzor for damage
  Show Answer
  The correct answer is A .
• Question 2558: Stimulation of demand is a kind of communication in marketing which connotes? Options:
  A) personal selling
  B) sales promotion
  C) advertising
  D) merchandising
  Show Answer
  The correct answer is C .
• Question 2559:

  The board of directors of public enterprise is appointed by who?

  Options:
  A) government
  B) management
  C) employees
  D) shareholders
  Show Answer
  The correct answer is A .
• Question 2560:

  

  X represents

  Options:
  A) action
  B) transmission
  C) ideation
  D) receiver
  Show Answer
  The correct answer is C .