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Friday, 10 April 2026
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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 6:
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 7:
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 8:
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
Question 9:
Services rendered to the public is provided by ____________
  • A Domestic servants
  • B Civil servants
  • C Government
  • D Professionals
View Answer & Explanation
Question 10:
A person who in consideration for an extra commission takes responsibility for goods sold on credit and in case of default is a ____________
  • A Commission agent
  • B Factor
  • C Broker
  • D Del credere agent
View Answer & Explanation