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Commerce Past Questions


Question 4101:


The authority that transfers to a third party the shard right to vote is called ____________

A. Bond
B. Indent
C. Proxy
D. Right issue
E. Warranty


Question 4102:


A Speculator in the stock exchange who buys shares hope that prices will rise is called ____________

A. Bear
B. Broker
C. Bull
D. Jobber
E. Shareholder


Question 4103:


The most suitable mode of transport for conveying gas and liquid within Nigeria is ____________

A. Air
B. Pipeline
C. Rail
D. Road
E. Water


Question 4104:


Use the following information to answer question

Kolawole’s Opening Stock was N10, 000. His purchases was N280,000 Goods returned outward was N3,000, and the Closing Stock was N8,000
The rate of stock turnover is?

A. 2.0 times
B. 30.0 times
C. 31.0 times
D. 31.3 times
E. 32.2 times


Question 4105:


The most suitable mode of transporting very bulky goods from Lagos to Kaduna is the ____________

A. Aero plane
B. Caravan
C. Lorry
D. Ship
E. Train






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