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 831: 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 .
• Question 832: Which of the following regulates and controls the activities in the Nigerian Stock Exchange? Options:
  A) BPE
  B) SEC
  C) NDIC
  D) CBN
  Show Answer
  The correct answer is B .
• Question 833: A market where new shares are tracked is known as Options:
  A) Primary Market
  B) Stock Exchange
  C) Secondary Market
  D) Money Market
  Show Answer
  The correct answer is A .
• Question 834: In a common market, member countries agree basically to Options:
  A) place bans on the other countries’ product
  B) wage war against other countries’ product
  C) establish common barriers against countries outside the market
  D) negotiate with countries outside the market for favourable terms of trade .
  Show Answer
  The correct answer is C .
• Question 835: The traditional way of paying cooperative dividend is to distribute profit in proportional to members'? Options:
  A) subscriptions
  B) total savings
  C) volume of purchase
  D) contributions
  Show Answer
  The correct answer is C .
• Question 836: An acquired firm in a merger will always receive a? Options:
  A) premium
  B) grant
  C) share
  D) discount
  Show Answer
  The correct answer is C .
• Question 837: Which of the following contributed least to the evolution of commercial activities in Nigeria? Options:
  A) Development of banks
  B) Development oftransportation
  C) Development of trader's unions
  D) Development of currencies
  Show Answer
  The correct answer is D .
• Question 838:

  The difference between personal selling and sales promotion is that while sales promotion includes free gifts and samples. personal selling involves

  Options:
  A) face-to-face communication with customers
  B) distributing instructional posters
  C) premium programming for Customers
  D) publishing promotional hooklets
  Show Answer
  The correct answer is A .
• Question 839: 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 840: The form of credit sales common to low income groups is Options:
  A) hire purchase
  B) club trading
  C) booking -me -down
  D) credit trading
  Show Answer
  The correct answer is A .