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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
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Types of environment
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Nationalisation, Indigenisation and Divestiture
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1861
Which of the following is the basic principle of marketing concept?
A.
Seller-oriented
B.
Producer-oriented
C.
Consumer-oriented
D.
Manufacturer-oriented
E.
Product-oriented
View Answer & Discuss
WAEC 1997
1862
The compensation given to brokers who sell shares to jobbers is called
A.
premium
B.
commission
C.
salary
D.
interest
E.
dividend
View Answer & Discuss
WAEC 1997
1863
The Stock Exchange does not deal in
A.
shares
B.
treasury bills
C.
debentures
D.
stocks
E.
bonds
View Answer & Discuss
WAEC 1997
1864
The insurance principle which expects the insured and the insurer to disclose all facts about a proposed contract is called
A.
uberrimae fidei
B.
indemnity
C.
proximate cause
D.
insurable interest
E.
contribution
View Answer & Discuss
WAEC 1997
1865
Which of the following is not covered by fire insurance policy?
A.
Consequential loss
B.
Gas explosion
C.
Domestic boilers
D.
Lightning
E.
Kerosene explosion
View Answer & Discuss
WAEC 1997
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