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Commerce Past Questions and Answers

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Commerce Questions

Question 1971:

Which of the following does not determine the form ofa business unit?

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A Available capital
B Risk bearing
C Nearness to market
D Ownership
E Nature of business

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Question 1972:

Agents who link buyers with sellers receive?

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A Factorage
B Brokerage
C Bonus
D Interest
E Premium

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Question 1973:

Which of the following is not a feature of supermarkets?

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A Standard shop fronts
B Self service
C Use of trolleys
D Small number of sales assistants
E Stocking mainly food items

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Question 1974:

Which of the following is an objective of indigenisation? To

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A Increase foreign participation in business
B Attract foreign Capital
C Help Nigerian entrepreneurs become monopolists
D Help citizens participate fully in the economy
E Distribute income

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Question 1975:

In which of the following are the objectives of a company stated?

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A Annual Report
B Articles of Association
C Certificate of Incorporation
D Certificate of Trading
E Memorandum of Association

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