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 811: The document issued by a port authority for goods deposited is a Options:
  A) bill of lading
  B) bill of sight
  C) consular invoice
  D) warehouse warrant
  Show Answer
  The correct answer is D .
• Question 812:

  Sea vessels that do not operate on regular times and routes are

  Options:
  A) tramps
  B) ocean liners
  C) container ships
  D) ferries
  Show Answer
  The correct answer is B .
• Question 813: For establishment of a powerful consumers' association in Nigeria to exist, there must be Options:
  A) financial and moral support from the public
  B) honest and commited leadership
  C) allocation of goods from the producer
  D) freedom from external influence
  Show Answer
  The correct answer is D .
• Question 814: Complying with the rules relating to the conduct of business activities in a country is an aspect of Options:
  A) cultural enviroment
  B) demographic environment
  C) legal environment
  D) political environment
  Show Answer
  The correct answer is C .
• Question 815: The Lake Chad Basin Commission was formed in? Options:
  A) 1974
  B) 1984
  C) 1954
  D) 1964
  Show Answer
  The correct answer is D .
• Question 816:

  The principle of span of control stipulates that?

  Options:
  A) The number of employees reporting to one superior should be kept to a workable maximum
  B) An employee should report to only one superior
  C) Managers must demand accountability from their subordinates
  D) Resources have to be economized within the various divisions
  Show Answer
  The correct answer is A .
• Question 817: The sole legal right held by the author to publish his book is Options:
  A) trademark
  B) copyright
  C) patent right
  D) bookmark
  Show Answer
  The correct answer is B .
• Question 818:

  Nigerian Police Authority

  Options:
  A) Nigerian Police Authority
  B) Nigerian Ports Authority
  C) National Ports Authority
  D) National Police Authority
  Show Answer
  The correct answer is B .
• Question 819: The document that explains the types of shares available for sale to the public is Options:
  A) a prospectus
  B) an invoice
  C) an open indent
  D) a closed indent
  Show Answer
  The correct answer is A .
• Question 820: Consumers require protection against exploitation to ensure? Options:
  A) adequate consumer awareness
  B) availability of products variety
  C) the sale of quality products
  D) increased aggregate demand
  Show Answer
  The correct answer is C .