Search SchoolNGR

Monday, 13 April 2026
Register . Login

Commerce Past Questions and Answers

Commerce Questions

Question 2091:
Containers are suitable for transporting goods by
  • A Sea only
  • B Road only
  • C Sea and rail only
  • D Road and sea only
  • E Road, sea and rail
View Answer & Explanation
Question 2092:
Which of the following is not a credit instrument used in business transactions?
  • A Luncheon voucher
  • B Bill of exchange
  • C Promissory note
  • D Bank note
  • E Fuel voucher
View Answer & Explanation
Question 2093:
An insurance company shares its accepted risk with others in the form of
  • A Reinsurance
  • B Subrogation
  • C Mutual insurance
  • D Fidelity guarantee insurance
  • E Contribution
View Answer & Explanation
Question 2094:
Which of the following stresses the use of only specialists to head departments?
  • A Committee organisation structure
  • B Line organisation structure
  • C Line and staff organisation structure
  • D Functional organisation structure
  • E Centralization
View Answer & Explanation
Question 2095:
The process of involving local businessmen in the ownership and control of businesses that were formerly owned by foreigners is called
  • A Nationalization
  • B Industrialization
  • C Indeginization
  • D Commercialization
  • E Privatization
View Answer & Explanation