All subjectsCommerce 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.
A company which acquires more than 50% voting shares of another company is called?
- Aa consortium
- Ba cartel
- Ca holding company
- Da trust
An error on an invoice may be rectified by issuing
- Aan advice note
- Ba consignment note
- Ca credit note
- Da delivery note
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
Service rendered to the public is provided by?
- Agovernement
- Bcivil servants
- Cprofessionals
- Ddomestic servants
Which of the following refers to the division of market into identifiable sub-markets
- AMarket research
- BMarket segmentation
- CMarket penetration
- DMarketing mix
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
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
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