Search SchoolNGR

Saturday, 04 April 2026
Register . Login

Commerce Past Questions and Answers

Commerce Questions

Question 1456:
The process of buying and selling and distribution of goods and services is known as?
  • A Retail trade
  • B Commerce
  • C Marketing concept
  • D Marketing mix
  • E Wholesale trade
View Answer & Explanation
Question 1457:
The practice of employing specialists in relevant occupation is a feature of?
  • A Subsistence economy
  • B Mobility of labour
  • C Mixed economy
  • D Exchange economy
  • E Division of labour
View Answer & Explanation
Question 1458:
Which of the following convert raw materials into finished goods?
  • A Extractive industry
  • B Manufacturing
  • C Commercial occupation
  • D Constructive industry
  • E Tertiary industry
View Answer & Explanation
Question 1459:
Which of the following support the view that there was commerce in Nigeria many years ago?
  • A The economy was consistent
  • B Specialization was minimal
  • C Cowries were used as money
  • D Horses wee used as means of transportation
  • E Communities were interdependent
View Answer & Explanation
Question 1460:
Which of the following towns was important to the trans-Saharan traders?
  • A Enugu
  • B Oyo
  • C Llorin
  • D Kaduna
  • E Kano
View Answer & Explanation