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Monday, 13 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 2101:
The department that deals with internal grievances and maintenance of discipline in an organization is the
  • A Accounts
  • B Maintenance
  • C Personnel
  • D Public relations
  • E Productions
View Answer & Explanation
Question 2102:
Another name for consignment note is
  • A Qoutation
  • B Waybill
  • C Debit note
  • D Receipt
  • E Credit note
View Answer & Explanation
Question 2103:
Specialization is possible as a result of
  • A Good roads
  • B Education
  • C Demand for goods
  • D Growth in population
  • E Exchange
View Answer & Explanation
Question 2104:
Which of the following may serve as delivery note?
  • A Debit note
  • B Credit note
  • C Invoice
  • D Advice note
  • E Statement of account
View Answer & Explanation
Question 2105:
Mr Chidi insured his house against fire. The house was destroyed by flood. Which of the following principles prevented him from being compensated?
  • A Uberrimae fidei
  • B Subrogation
  • C Indemnity
  • D Proximate cause
  • E Insurable interest
View Answer & Explanation