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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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Trade - Home Trade
Retail trade: Types, functions, advantages and disadvantages, trends
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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.
Means and terms of payment
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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
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Corporate social responsibility
Nationalisation, Indigenisation and Divestiture
Meaning, aims, advantages, disadvantages
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3176
Goods and services transferred from seller to buyer without immediate payment is referred to as ______
A.
hire purchase
B.
mutual understanding
C.
credit sale
D.
leasing
View Answer & Discuss (1)
JAMB 2017
3177
The process of buying and selling and distribution of goods and services is ______
A.
retail trade
B.
commerce
C.
marketing concept
D.
marketing
View Answer & Discuss (1)
JAMB 2017
3178
The differences between the central bank and commercial bank is that the former ______
A.
discount treasury bills
B.
give loans to the public
C.
saves valuable of individual
D.
serves as lender of last resort
View Answer & Discuss (1)
JAMB 2017
3179
The organised effort of consumers to protect themselves against the unfair practices of businessmen is known as __
A.
Stroke
B.
Consumerism
C.
Picketing
D.
Demonstration
View Answer & Discuss (1)
JAMB 2017
3180
The stock exchange is a market where _______
A.
long-term securities are sold
B.
all types of securities are sold
C.
short-term securities are sold
D.
medium term securities are sold
View Answer & Discuss (1)
JAMB 2017
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