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 1091: In the Nigerian GSM industry,a parliament is organized by the Nigerian Communications Commission in order to Options:
  A) increase profit of service providers
  B) protect the interest of government
  C) encourage more people into the business
  D) protect the interest of consumers
  Show Answer
  The correct answer is D .
• Question 1092: An agent must not make any secret profit in the performance of his duties but can be rewarded by his principal through Options:
  A) remuneration and indemnity
  B) payments of commision and salary
  C) granting of business concessions
  D) forwarding of business links
  Show Answer
  The correct answer is B .
• Question 1093: The Nigeria Stock Exchange consist of ______ Options:
  A) primary and secondary-tier market
  B) secondary and primary market
  C) money and commodities market
  D) commercial and mortgage market
  Show Answer
  The correct answer is B .
• Question 1094:

  A cheque is specially crossed if

  Options:
  A) the name of the account holder is written between two parallel lines drawn across it
  B) it could be paid over the counter
  C) the name of the bank is written between two parallel lines drawn across it
  D) only two parallel lines are drawn across it
  Show Answer
  The correct answer is C .
• Question 1095: The most important business objective is to Options:
  A) improve investments
  B) provide quality products
  C) target consumers for satisfaction
  D) carve a niche for the business
  Show Answer
  The correct answer is C .
• Question 1096: A form of money that has gone out of use is? Options:
  A) paper money
  B) bank money
  C) commodity money
  D) foreign money
  Show Answer
  The correct answer is C .
• Question 1097:

  Distribution of goods belongs to

  Options:
  A) Construction industry
  B) extractive industry
  C) manufacturing industry
  D) commercial industry
  Show Answer
  The correct answer is D .
• Question 1098: Ships used for international transport are? Options:
  A) trawelers
  B) yachets
  C) ocean liners
  D) launchers
  Show Answer
  The correct answer is C .
• Question 1099: A historical building is a feature of? Options:
  A) cultural tourism
  B) industrial tourism
  C) agricultural tourism
  D) ecological tourism
  Show Answer
  The correct answer is A .
• Question 1100: The object of the business are determined by the Options:
  A) workers
  B) government
  C) society
  D) promoters
  Show Answer
  The correct answer is C .