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Commerce Past Questions (1989–2025)

4,223 real Commerce past questions from NECO, JAMB, WAEC, each with the correct answer shown. Free to search — no account needed.

Sample questions

A few Commerce questions from the bank. The full set is searchable free.

#1
JAMB2025
A company which acquires more than 50% voting shares of another company is called?
  • Aa consortium
  • Ba cartel
  • Ca holding company
  • Da trust
#2
WAEC2021
An error on an invoice may be rectified by issuing
  • Aan advice note
  • Ba consignment note
  • Ca credit note
  • Da delivery note
#3
JAMB2016
A formal letter to a dealer to enquire details about certain items for sale is referred to as
  • Aan inquiry
  • Ban invoice
  • Can order
  • Da quotation
#4
JAMB2011
Service rendered to the public is provided by?
  • Agovernement
  • Bcivil servants
  • Cprofessionals
  • Ddomestic servants
#5
WAEC2007
Which of the following refers to the division of market into identifiable sub-markets
  • AMarket research
  • BMarket segmentation
  • CMarket penetration
  • DMarketing mix
#6
JAMB2003
The type of marine insurance which covers either damage or loss to the vessel and such as caused by it to other vessel is?
  • Ahull insurance
  • Btime insurance
  • Cfreight insurance
  • Dcargo insurance
#7
JAMB1999
The primary motive behind an individual engaging in production is to?
  • Afully engaged all the factors of production
  • Bmake available goods and services
  • Cmeets projected profit
  • Dmeet basic human needs
#8
WAEC1994
A stock exchange is a market for?
  • Aold stocks of goods'
  • Bcapital goods only
  • Craising new shares
  • Dexisting shares of quoted companies
  • Eshares of unquoted companies
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