JAMB and WAEC Commerce questions

611 questions with answers and explanations. Tap an option to check yourself.

All topics Advertising and marketing · 32 Business management and environment · 32 Commerce and its scope · 31 Communication · 33 Computers and ICT in business · 29 Consumer protection · 30 Documents used in trade · 34 Elements of commercial law · 31 Financing a business · 32 Foreign trade · 40 Forms of business organisation · 40 Home trade: retail and wholesale · 40 Insurance · 39 Money and banking · 40 Occupation and production · 33 The stock exchange · 34 Transport · 33 Warehousing · 28

Question 381· Home trade: retail and wholesale· WAEC
In a supermarket, customers usually pay for the goods they have picked at the
Explanation and discussion
Question 382· Home trade: retail and wholesale· WAEC
A chain of shops with the same appearance, owned by one company, is called
Explanation and discussion
Question 383· Home trade: retail and wholesale· JAMB
A multiple shop is
Explanation and discussion
Question 384· Home trade: retail and wholesale· JAMB
After-sales service is provided by retailers to
Explanation and discussion
Question 385· Home trade: retail and wholesale· WAEC
A shop that sells a wide variety of goods in separate sections under one roof is a
Explanation and discussion
Question 386· Home trade: retail and wholesale· WAEC
Bola carries groceries on a tray and sells them along the streets of Ibadan. She is
Explanation and discussion
Question 387· Home trade: retail and wholesale· JAMB
A supermarket differs from a department store mainly because a supermarket
Explanation and discussion
Question 388· Home trade: retail and wholesale· JAMB
Self-service is a feature of
Explanation and discussion
Question 389· Home trade: retail and wholesale· WAEC
Itinerant traders are traders who
Explanation and discussion
Question 390· Home trade: retail and wholesale· WAEC
Which of these is a large-scale retail outlet?
Explanation and discussion
Question 391· Home trade: retail and wholesale· JAMB
A department store differs from a supermarket in that it
Explanation and discussion
Question 392· Home trade: retail and wholesale· JAMB
Retail cooperatives return part of their surplus to members as
Explanation and discussion
Question 393· Home trade: retail and wholesale· JAMB
A retailer who sells through catalogues and delivers by post is a
Explanation and discussion
Question 394· Home trade: retail and wholesale· JAMB
A customer buys a ₦50,000 item on credit with 2% cash discount for payment within a week. If she pays promptly, how much does she pay?
Explanation and discussion
Question 395· Home trade: retail and wholesale· WAEC
A credit sale differs from hire purchase in that under a credit sale
Explanation and discussion
Question 396· Home trade: retail and wholesale· WAEC
Mail order businesses sell goods through
Explanation and discussion
Question 397· Home trade: retail and wholesale· JAMB
Under hire purchase, ownership of the goods passes to the buyer
Explanation and discussion
Question 398· Home trade: retail and wholesale· JAMB
A retailer who moves from place to place selling goods is
Explanation and discussion
Question 399· Home trade: retail and wholesale· WAEC
A disadvantage of eliminating the wholesaler is that
Explanation and discussion
Question 400· Home trade: retail and wholesale· WAEC
A chain store is also known as a
Explanation and discussion

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JAMB and WAEC Commerce questions

In a supermarket, customers usually pay for the goods they have picked at the

A chain of shops with the same appearance, owned by one company, is called

A multiple shop is

After-sales service is provided by retailers to

A shop that sells a wide variety of goods in separate sections under one roof is a

Bola carries groceries on a tray and sells them along the streets of Ibadan. She is

A supermarket differs from a department store mainly because a supermarket

Self-service is a feature of

Itinerant traders are traders who

Which of these is a large-scale retail outlet?

A department store differs from a supermarket in that it

Retail cooperatives return part of their surplus to members as

A retailer who sells through catalogues and delivers by post is a

A customer buys a ₦50,000 item on credit with 2% cash discount for payment within a week. If she pays promptly, how much does she pay?

A credit sale differs from hire purchase in that under a credit sale

Mail order businesses sell goods through

Under hire purchase, ownership of the goods passes to the buyer

A retailer who moves from place to place selling goods is

A disadvantage of eliminating the wholesaler is that

A chain store is also known as a