Search SchoolNGR

Friday, 10 April 2026
Register . Login

Commerce Past Questions and Answers

Jamb Commerce Questions

Question 11:
The concept that refers to the sale, transfer or exchange of goods and service is?
  • A Industry
  • B Trade
  • C Tariff
  • D Marketing
View Answer & Explanation
Question 12:
A guarantee given by one person or party to another in which the integrity of the person is assured is?
  • A Fidelity
  • B Term assurance
  • C Subrogation
  • D Indemnity
View Answer & Explanation
Question 13:
A firm that adapts itself to delivering the desired satisfaction more effectively than its competitors is said to be practicing?
  • A Price concept
  • B Distribution concept
  • C Product concept
  • D Markting concept
View Answer & Explanation
Question 14:
The payment made periodically in respect of an insurance policy entered into is known as?
  • A Bond
  • B Commission
  • C Premium
  • D Surrender value
View Answer & Explanation
Question 15:
An example of service rendered by NIPOST is?
  • A Electronic mail
  • B Couier
  • C Telephone
  • D Mail delivery
View Answer & Explanation