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 911: 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 912:

  A partnership may be automatically dissolved due to the following factors except________

  Options:
  A) Court verdict
  B) Joint decision
  C) Admission of new partners
  D) Bankruptcy of a partner
  Show Answer
  The correct answer is C .
• Question 913: Wholesalers can be divided into? Options:
  A) sales agent and brokers
  B) full service
  C) cooperative wholesale society and limited service wholesalers
  D) merchant wholesales and egent middlemen
  Show Answer
  The correct answer is D .
• Question 914: The three components of staffing are? Options:
  A) recruitment, interview and appointment
  B) recruitment, test and placement
  C) recruitment, selection and appointment
  D) recruitment, selection and placement
  Show Answer
  The correct answer is D .
• Question 915: When two or more companies agree to execute a project too large for one to handle, this is referred to as? Options:
  A) an amalgamation
  B) a cartel
  C) a merger
  D) a consortium
  Show Answer
  The correct answer is D .
• Question 916: Securities that entitle the investor to coupon rates are Options:
  A) bonds
  B) equities
  C) warrants
  D) treasury bills
  Show Answer
  The correct answer is B .
• Question 917: A doctor who attends to patients at home after his official duty is? Options:
  A) a community develoment worker
  B) a direct service worker
  C) an indirect sevice worker
  D) a direct and an indirect sevice worker
  Show Answer
  The correct answer is B .
• Question 918:

  Charges for loans paid by commercial banks to the Central Bank of Nigeria are called

  Options:
  A) credit charges
  B) interest rates
  C) bank charges
  D) bank rates
  Show Answer
  The correct answer is D .
• Question 919:

  The assembling of Manufactured products into forms usable by humans is classified as

  Options:
  A) Extraction occupation
  B) Construction occupation
  C) Manufacturing occupation
  D) Industrial occupation
  Show Answer
  The correct answer is B .
• Question 920: The most effective nut limited medium of advertising in Nigeria is? Options:
  A) billboard
  B) television
  C) newspaper
  D) radio
  Show Answer
  The correct answer is A .