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 601· Warehousing· JAMB
Which of these is a function of warehousing?
Show answer
Answer: A. It makes seasonal goods available all year round
Explanation and discussion
Question 602· Warehousing· WAEC
Cold rooms are especially important for storing
Show answer
Answer: B. perishable goods such as fish and meat
Explanation and discussion
Question 603· Warehousing· WAEC
A bonded warehouse stores
Show answer
Answer: B. imported goods on which duty has not yet been paid
Explanation and discussion
Question 604· Warehousing· WAEC
A dock warrant is a
Show answer
Answer: C. document of title to goods stored at a dock warehouse
Explanation and discussion
Question 605· Warehousing· WAEC
Cold storage warehouses are used for
Show answer
Answer: D. perishable goods such as fish and meat
Explanation and discussion
Question 606· Warehousing· WAEC
Warehousing creates which kind of utility?
Show answer
Answer: D. time utility
Explanation and discussion
Question 607· Warehousing· WAEC
Warehousing mainly creates
Show answer
Answer: A. time utility
Explanation and discussion
Question 608· Warehousing· WAEC
A warehouse where imported goods are stored until customs duty is paid is a
Show answer
Answer: D. bonded warehouse
Explanation and discussion
Question 609· Warehousing· JAMB
A feature of a good warehouse is
Show answer
Answer: C. security and suitable storage conditions
Explanation and discussion
Question 610· Warehousing· JAMB
A warehouse owned by a manufacturer for keeping its own finished goods is
Show answer
Answer: C. a private warehouse
Explanation and discussion
Question 611· Warehousing· JAMB
Imported goods kept in a bonded warehouse may be released after the importer has
Show answer
Answer: C. paid the customs duty
Explanation and discussion

Practise Commerce like the real exam. A timed CBT, your score, and the topics to fix.

Start a Commerce test

JAMB and WAEC Commerce questions

Which of these is a function of warehousing?

Cold rooms are especially important for storing

A bonded warehouse stores

A dock warrant is a

Cold storage warehouses are used for

Warehousing creates which kind of utility?

Warehousing mainly creates

A warehouse where imported goods are stored until customs duty is paid is a

A feature of a good warehouse is

A warehouse owned by a manufacturer for keeping its own finished goods is

Imported goods kept in a bonded warehouse may be released after the importer has