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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
Occupations
Meaning and Importance
Types of occupations: Industrial, commercial, direct and indirect services
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Meaning and types: Primary, secondary, tertiary
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Role of Bureau de Change
Trade Associations and Economic Groups
Trade and manufacturer associations
Chambers of Commerce
Employers’, Consumers’ and Manufacturers’ associations
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
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Agency, Sale of Goods Act, Hire Purchase Act
Employer/employee rights
Government regulations
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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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431
Consumer rights include the right to?
A.
credit
B.
free samples of a product
C.
redress
D.
a shre of profits
View Answer & Discuss
JAMB 2004
432
One important requirement for the membership of the ECOWAS is?
A.
intergrity
B.
independence
C.
landmass
D.
population
View Answer & Discuss
JAMB 2004
433
In Nigeria, the body ensures that its members operate according to their professional ethics is the?
A.
SON
B.
NPF
C.
MAN
D.
NAFDAC
View Answer & Discuss
JAMB 2004
434
A transporter who had to sell some perishable goods without the prior authority of the owner becomes an agent by?
A.
conduct
B.
necessity
C.
ratification
D.
estoppel
View Answer & Discuss
JAMB 2004
435
Poor sewage disposal, oil spill and indiscriminate refuse dumping all lead to?
A.
land pollution
B.
water pollution
C.
land and water pollution
D.
air and water pollution
View Answer & Discuss (3)
JAMB 2004
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