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[ Post UTME Begins ]:
View The List Of Schools That Have Released 2026 Post-UTME Forms.
Home
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Commerce
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
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Meaning and Importance
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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
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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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Agency, Sale of Goods Act, Hire Purchase Act
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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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416
Money can simply be referred to as a?
A.
medium of exchange
B.
means for the settlement of debts
C.
durable assets for doing business
D.
standard of value
View Answer & Discuss
JAMB 2003
417
A type of long-term loan granted to companies with fixed interest as well as with redeemable and irredeemable features is referred to as?
A.
a denbenture
B.
a bond
C.
a term loan
D.
an overdraft
View Answer & Discuss
JAMB 2003
418
Public debt management is one of the functions of a?
A.
merchant bank
B.
central bank
C.
commercial bank
D.
development bank
View Answer & Discuss
JAMB 2003
419
Ships that sail across the ocean and operate on scheduled time tables are?
A.
ferries
B.
ocean liners
C.
tramp steamers
D.
coastal liners
View Answer & Discuss (1)
JAMB 2004
420
Non-insurable risk include?
A.
gambling
B.
damage to property
C.
death
D.
marine problems
View Answer & Discuss (1)
JAMB 2004
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