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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
Occupations
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Trade - Foreign Trade
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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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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Nationalisation, Indigenisation and Divestiture
Meaning, aims, advantages, disadvantages
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1841
Which of the following is not a source of capital to a partnership?
A.
Buying on credit
B.
Ploughed back profit
C.
Borrowing
D.
Shares
E.
Personal savings
View Answer & Discuss
WAEC 1997
1842
Which of the following functions of the wholesaler helps to stabilize prices
A.
Financing
B.
Advice to retailers
C.
Provision of credit
D.
Advertising
E.
Warehousing
View Answer & Discuss
WAEC 1997
1843
The rebate given to the retailer by the wholesaler to enable him make profit is known as
A.
commission
B.
mark-up
C.
trade discount
D.
cash discount
E.
credit guarantee
View Answer & Discuss
WAEC 1997
1844
Division of labour often results in
A.
a decrease in production
B.
an increase in production
C.
waste of time
D.
uneconomic use of tools
E.
greater craftsmanship
View Answer & Discuss
WAEC 1997
1845
Who among the following is not an agent?
A.
Broker
B.
Factor
C.
Jobber
D.
Manufacturer's representative
E.
Aunctioneer
View Answer & Discuss
WAEC 1997
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