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Friday, 10 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3646:
Production ends when goods?
  • A And services are used by the producer
  • B Are packed and labelled
  • C Are sold in the market
  • D And services reach the final user
  • E Are advertised to the consumers
View Answer & Explanation
Question 3647:
A counter offer operates as?
  • A An acceptance
  • B An offer
  • C A rejection
  • D An agreement
  • E A contract
View Answer & Explanation
Question 3648:
The function of a merchant wholesaler is to ____________
  • A Find markets for producers' finished goods
  • B Bring buyers and sellers together
  • C Possess title to the goods, store and sell to retailers
  • D Buy in bulk, store and sell to retailers as desired
View Answer & Explanation
Question 3649:
Departmentalization is an aspect of
  • A Directing
  • B Organizing
  • C Planning
  • D Controlling
View Answer & Explanation
Question 3650:
Chibuzor agreed to make a dress for Hauwa with september 20, 1995 as a delivery date, if the dress was not ready on that date, Hauwa could
  • A Sue chibuzor for specific performance
  • B Seize another gown from chibuzor's shop
  • C Regard the contract between then as terminated
  • D Sue chibuzor for damage
View Answer & Explanation