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Sunday, 05 April 2026
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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 16:
The price quoted which includes the cost of insurance, freight and all delivery charges to the importer's warehouse is?
  • A Free Alongside Ship
  • B Franco
  • C Free On Board
  • D Free On Rail
View Answer & Explanation
Question 17:
The purchase of goods under the CWO system of payment implies that?
  • A Money must be enclosed when ordering
  • B Payment must be made on delivery
  • C Payment must be made within few days
  • D Cash must be paid on the spot
View Answer & Explanation
Question 18:
The most effective nut limited medium of advertising in Nigeria is?
  • A Billboard
  • B Television
  • C Newspaper
  • D Radio
View Answer & Explanation
Question 19:
A cheque that has been drawn but not presented for payment can still be honored?
  • A Within 6 months
  • B After 9 months
  • C Within 9 months
  • D After 6 months
View Answer & Explanation
Question 20:
The major source of income to commercial banks is?
  • A Tourism
  • B Banking
  • C Communication
  • D Transportation
View Answer & Explanation