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 31: Which oft these factors of production is relatively fixed in supply? Options:
  A) Capital
  B) Enterpreneuer
  C) Human resources
  D) Natural resources
  Show Answer
  The correct answer is D .
• Question 32: Q,act as an agent of P, lawfully and reasonably incur the amount of N350 as expenses.If Q comes to P, for payment , this is an instance of P'S duty to Options:
  A) remunerate Q
  B) reply Q
  C) indemnify Q
  D) settle Q
  Show Answer
  The correct answer is C .
• Question 33: The three main classification of occupation are? Options:
  A) construction, trade and services
  B) manufacturing, industry and services
  C) farming, banking and trading
  D) industry, commerce and services
  Show Answer
  The correct answer is D .
• Question 34:

  

  From the diagram above, what does I stand for?

  Options:
  A) aids to trade
  B) home trade
  C) publicity
  D) advertising
  Show Answer
  The correct answer is A .
• Question 35: The internet is a system of telecommunications used for? Options:
  A) communicating long-distance messages
  B) sending and recieving text massages
  C) sending electronic messages
  D) communicating messages through telegrams
  Show Answer
  The correct answer is C .
• Question 36: The most dangerous pollution is? Options:
  A) water
  B) noise pollution
  C) soil pollution
  D) air pollution
  Show Answer
  The correct answer is D .
• Question 37: To meet security requirements before gaining access to data, a computer operator supplies Options:
  A) an e-mail address
  B) a yahoo address
  C) a password
  D) a modem
  Show Answer
  The correct answer is C .
• Question 38: A company that is registered with the corporate Affairs Commission only without being enlisted on the Stock Exchange is a? Options:
  A) public liability company
  B) joint venture company
  C) limited company
  D) registered company
  Show Answer
  The correct answer is D .
• Question 39: One of the main obstacles of establishing the Niger River Basin Commission was to? Options:
  A) embark on a comprehensive survey of the available water resources
  B) carry research for the development of fresh water fisheries
  C) develop infrastructure to facilitate economic activities
  D) promotes trade among member-state to improve standards of living
  Show Answer
  The correct answer is C .
• Question 40: 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 .