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 2581: The initial function of a manager is Options:
  A) setting up an organisation
  B) coordinating
  C) planning
  D) provision of welfare package
  Show Answer
  The correct answer is B .
• Question 2582: Service which are of absolute monopoly can can best be proved by Options:
  A) private companies
  B) limited liability companies
  C) public companies
  D) public enterprises
  Show Answer
  The correct answer is D .
• Question 2583: Partnerships are most effective where? Options:
  A) the partners are family friends
  B) professionals are involved
  C) members can easily raise enough capital
  D) government regulations are favorable
  Show Answer
  The correct answer is B .
• Question 2584:

  The major objective of corporate mergers is to?

  Options:
  A) minimize the effect of taxation
  B) increase financial advantage
  C) enhance economies of sale
  D) facilitate profit maximization
  Show Answer
  The correct answer is C .
• Question 2585: The transmission of telephone services from one country to another is facilitated by? Options:
  A) communication satelite
  B) international facility
  C) interconnectivity
  D) internet services
  Show Answer
  The correct answer is A .
• Question 2586:

  A printer that burns the print image into the photosensitive drum is called?

  Options:
  A) dot matrix printer
  B) laser printer
  C) daisy wheel printer
  D) thermal printer
  Show Answer
  The correct answer is B .
• Question 2587: The business with the best business objectives is Options:
  A) Okon
  B) Taiwo
  C) Kalu
  D) Musa
  Show Answer
  The correct answer is A .
• Question 2588:

  The difference between a chamber of commerce and a trade association is that the former

  Options:
  A) is not restricted to a particular industry
  B) is a branch of trade that sells product
  C) consists of members engaged in the same trade
  D) are association of individuals or firms
  Show Answer
  The correct answer is A .
• Question 2589: One of the merits of television as a medium of of advertising is that it? Options:
  A) is prone to censorship
  B) is relatively cheap
  C) has more sensory stimulation
  D) has more network coverage
  Show Answer
  The correct answer is C .
• Question 2590:

  A pro forma invoice is sent to inform a buyer about the?

  Options:
  A) quantity of goods
  B) price of goods
  C) designation of goods
  D) quality of goods
  Show Answer
  The correct answer is B .