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[ Post UTME Begins ]:
View The List Of Schools That Have Released 2026 Post-UTME Forms.
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Commerce Past Questions
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Introduction to Commerce
Meaning, scope, characteristics and functions of Commerce
History of Commerce
Relationship of Commerce with other areas of production
Importance of Commerce in the economy
Occupations
Meaning and Importance
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Balance of trade/payment, terms of trade
Export, import and entrepôt procedures and documents
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Roles of Customs, Excise, Ports Authority
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Agency, Sale of Goods Act, Hire Purchase Act
Employer/employee rights
Government regulations
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ICT in Commerce
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ICT terms
E-commerce, E-banking, E-business
Business Environment and Social Responsibility
Types of environment
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Corporate social responsibility
Nationalisation, Indigenisation and Divestiture
Meaning, aims, advantages, disadvantages
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856
Which of the following is not a means of money?
A.
Divisibility
B.
Portability
C.
Accessibility
D.
Recognizability
E.
Durability
View Answer & Discuss
WAEC 1989
857
Which of the following is not a means of effecting payment through current account?
A.
Cheques
B.
Standing orders
C.
Giro system
D.
Credit transfer
E.
Credit card
View Answer & Discuss
WAEC 1989
858
A bill holder wishing to dispose of his bills before maturity would be paid?
A.
the discount value of the bill
B.
the present value of the bill
C.
the premium on the bills only
D.
the accumulated interest on the bills
E.
total face value of the bills with the premium
View Answer & Discuss
WAEC 1989
859
Which of the following is not a necessary seaport facility?
A.
Berth
B.
Warehouse
C.
Containers
D.
Cranes
E.
Tramac
View Answer & Discuss (3)
WAEC 1989
860
The main disadvantage of rail transport to traders is that?
A.
it carries bulky goods only
B.
its cost of carriage is high
C.
it is slow and flexible
D.
it causes road congestion
E.
it travels on schedule
View Answer & Discuss
WAEC 1989
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