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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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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
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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
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.
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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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2591
Buildings and machinery purchased for use in business are examples of
A.
current assets
B.
fixed assets
C.
capital employed
D.
paid up capital
View Answer & Discuss
WAEC 2014
2592
The throwing of goods over board to prevent a ship from sinking is known as
A.
floatsam
B.
abandonement
C.
jettison
D.
particular average
View Answer & Discuss (2)
WAEC 2014
2593
In insurance, risks that have no statistics for their calculations are
A.
insurable risks
B.
certain risks
C.
un-insurable risks
D.
uncertain risks
View Answer & Discuss
WAEC 2014
2594
The practice of selling goods in foreign countries at lower prices than obtainable int he exporting country is known as
A.
entrepot trade
B.
dumping
C.
hedging
D.
counter trade
View Answer & Discuss
WAEC 2014
2595
The entertainment industry is classified under
A.
extractive industry
B.
manufacturing industry
C.
constructive industry
D.
commercial industry
View Answer & Discuss
WAEC 2014
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