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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
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Importance of Commerce in the economy
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Trade Associations and Economic Groups
Trade and manufacturer associations
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Economic groups: ECOWAS, IMF, IBRD, UNCTAD, etc.
Trade - Home Trade
Retail trade: Types, functions, advantages and disadvantages, trends
Wholesale trade: Types, functions
Warehousing: Types, functions
Channels of distribution
Trade - Foreign Trade
Balance of trade/payment, terms of trade
Export, import and entrepôt procedures and documents
Barriers to international trade
Roles of Customs, Excise, Ports Authority
Purchase and Sale of Goods
Documents: Enquiry, quotation, invoice, bill of lading, etc.
Terms of trade: Discounts, C.O.D., C.I.F., F.O.B.
Means and terms of payment
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Legal Aspects of Business
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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
Safe products and pollution
Corporate social responsibility
Nationalisation, Indigenisation and Divestiture
Meaning, aims, advantages, disadvantages
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2246
A document used to advertise shares for sale is
A.
prospectus
B.
annual report
C.
articles of association
D.
memorandum of association
View Answer & Discuss
WAEC 2007
2247
Which of the following refers to a voluntary association that represents a cross-section of business interests in an area?
A.
Manufacturers Association
B.
Chamber of Commerce
C.
Consumers Association
D.
Employers Association
View Answer & Discuss
WAEC 2007
2248
Which of the following is used to show that goods imported were produced in an ECOWAS member country
A.
Insurance policy
B.
Bill of lading
C.
Certificate of origin
D.
Bill of exchange
View Answer & Discuss
WAEC 2007
2249
Importing goods into a country re-exporting is know as
A.
home trade
B.
retail trade
C.
entrepot trade
D.
counter trade
View Answer & Discuss
WAEC 2007
2250
Which of the following is a function of the small retailer?
A.
Financing manufactures
B.
Warehouse of goods
C.
Branding of goods
D.
Selling to consumers
View Answer & Discuss
WAEC 2007
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