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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
Relationship of Commerce with other areas of production
Importance of Commerce in the economy
Occupations
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Types of occupations: Industrial, commercial, direct and indirect services
Factors influencing choice of occupation
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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
Aids to Trade
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Legal Aspects of Business
Simple contract
Agency, Sale of Goods Act, Hire Purchase Act
Employer/employee rights
Government regulations
Consumer protection
ICT in Commerce
Computer applications
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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3076
A function of a retailer is to
A.
determine the prices of goods
B.
stock a variety of goods
C.
buy goods in large quantities
D.
make money available to the manufacturer
View Answer & Discuss
NECO 2009
3077
The organizational structure above represents
A.
line and functional structure
B.
line and staff structure
C.
functional structure
D.
line structure
View Answer & Discuss
JAMB 2000
3078
Use the information above to answer questions
What is the owners' equity?
A.
N 250 000
B.
N 300 000
C.
N 420 000
D.
N 200 000
View Answer & Discuss
JAMB 2003
3079
Use the information above to answer questions
Find the current ratio
A.
1.53:1
B.
1, 85:1
C.
0. 87: 1
D.
0, 50:1
View Answer & Discuss
JAMB 2003
3080
Use the diagram above to answer the question
As the branches indicate, IV is
A.
commerce
B.
exchange
C.
finance
D.
construction
View Answer & Discuss
JAMB 2004
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