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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
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Balance of trade/payment, terms of trade
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Roles of Customs, Excise, Ports Authority
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Documents: Enquiry, quotation, invoice, bill of lading, etc.
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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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3146
One of the major reasons for merger is to
A.
reduce the number of unskilled manpower
B.
increase the number of skilled manpower
C.
prevent liquidation
D.
liberalize the market
View Answer & Discuss
JAMB 2016
3147
A Major funtion of commerce is to
A.
facilitiate human satisfaction through exchange
B.
eliminate trade barriers
C.
provide raw materials for manufacturers
D.
influence government policies
View Answer & Discuss
JAMB 2016
3148
Which of the following legislation aims primarily at the protection of consumers?
A.
Law of contract
B.
Trade description Act
C.
Company's Act
D.
Partnership Act
View Answer & Discuss (1)
JAMB 2017
3149
A bill of exchange already accepted can be discounted by the holder in ______?
A.
the central bank
B.
at least two banks
C.
his bank
D.
any bank
View Answer & Discuss (1)
JAMB 2017
3150
An agreement that is enforceable in law is ________?
A.
a contract
B.
an offer
C.
an acceptance
D.
a consideration
View Answer & Discuss (1)
JAMB 2017
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