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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
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Importance of Commerce in the economy
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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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Documents: Enquiry, quotation, invoice, bill of lading, etc.
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ICT terms
E-commerce, E-banking, E-business
Business Environment and Social Responsibility
Types of environment
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Nationalisation, Indigenisation and Divestiture
Meaning, aims, advantages, disadvantages
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911
An agreement between two parties which will give rise to rights and obligation is known as?
A.
a warrant
B.
a contract
C.
a consideration
D.
an offer
E.
an acceptance
View Answer & Discuss
WAEC 1990
912
Auctions and Tenders become binding when they are?
A.
accepted
B.
offered
C.
received
D.
advertised
E.
communicated
View Answer & Discuss
WAEC 1990
913
The organizing efforts of consumers to protect themselves against the unfair practices of business is called?
A.
strike
B.
consumerism
C.
amalgamation
D.
co-operation
E.
propaganda
View Answer & Discuss (4)
WAEC 1990
914
Which of the following is the most suitable means of transporting bulky goods from Lagos to Kaduna? By
A.
Train
B.
Aeroplane
C.
Ship
D.
Lorry
E.
Caravan
View Answer & Discuss
WAEC 1990
915
Which of the following is the quickest and accurate means of communication?
A.
Telegram
B.
Express mail
C.
Courier services
D.
Telex
E.
Railex
View Answer & Discuss
WAEC 1990
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