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Commerce Past Questions


Question 4151:


A country’s balance of payments is divided into ____________

A. Current and capital accounts
B. Current and foreign accounts
C. Creditor`s and debtor’s accounts
D. Export and import accounts


Question 4152:


A factor that hinders the achievement of ECOWAS objectives is ____________

A. The absence of a common market
B. Lack of a common language
C. The difference in political ideology
D. Lack of a common territory


Question 4153:


Which of the following is the best form of sales promotion?

A. Bill board
B. Bell ringing
C. Publicity
D. Demonstration


Question 4154:


A legal document representing a promise by a company to pay back a loan over a period of time is referred to as a ____________

A. Warrant
B. Bond
C. Share certificate
D. Title deed


Question 4155:


A document issued by financial organizations to enable holders to buy goods on credit is called ____________

A. ATM card
B. Coupon
C. Luncheon voucher
D. Credit card






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