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Commerce Past Questions and Answers

Jamb 2019 Commerce Questions

Question 31:
A two-way process which involves sending and receiving of messages is referred to as__________
  • A Advertisement
  • B Communication
  • C Marketing
  • D Transportation
View Answer & Explanation
Question 32:
The scope of commerce is limited to________
  • A Home and foreign trade
  • B Wholesaler and retail trade
  • C Trade and aids to trade
  • D Wholesale and entreport trade
View Answer & Explanation
Question 33:
Use the following information to answer this question.The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018

Initial Capital 5000
Net Profit 1000
Furniture 2000
Equipment 2900
Debtors 100
Stock 1000
Bank 500


From the above, calculate Current assets
  • A 1600
  • B 1060
  • C 1500
  • D 600
View Answer & Explanation
Question 34:
A responsibility to control environmental pollution is the responsibility of____
  • A The business
  • B The government
  • C The consumer
  • D The employee
View Answer & Explanation
Question 35:
The following development of money have therefore been the use of, except______
  • A Coins
  • B Inconvertible paper money
  • C Commodities
  • D Abacus
View Answer & Explanation