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Friday, 10 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3651:
Which of the following has the power to order the withdrawal of a particular food item from circulation?
  • A Federal High Courts in Nigeria
  • B Standard Organization of Nigeria
  • C Local Government Health Inspectors
  • D Food and Drugs Department of the Federal Ministry of Health
View Answer & Explanation
Question 3652:
The macro-environmental forces and trends which are a constraint on business operations are referred to as ____________
  • A Internal factors
  • B External factors
  • C Economic factors
  • D Technical factors
View Answer & Explanation
Question 3653:
A proforma invoice is not required when ____________
  • A Quoting for the supply of good
  • B Dealing regularly with a customer
  • C Goods are sent on approval
  • D Final prices are uncertain
View Answer & Explanation
Question 3654:
The art of soap making is an example of ____________
  • A Tertiary occupation
  • B Construction occupation
  • C Primary occupation
  • D Secondary occupation
View Answer & Explanation
Question 3655:
The payment made periodically in respect of an insurance policy entered into is known as ____________
  • A Surrender
  • B Bond
  • C Premium
  • D Commission
View Answer & Explanation