Post Utme Commerce Past Questions and Answers

Question 36:

The use of coin - operated machines to sell goods is a form of ____________

A. Personal selling
B. Retailing
C. Wholesaling
D. Mail-order selling

Question 37:

For the establishment of a powerful consumers" association in Nigeria to exist. there must be ____________

A. Financial and moral support from the public
B. Honest and committed leadership
C. Allocation of goods from the producers
D. Freedom from external influence

Question 38:

Drawing two parallel lines across a cheque means that it has to be paid into the account of the ____________

A. Payee
B. Drawer
C. Drawee
D. Payer

Question 39:

Which combination of the below are basic requirements of business resource? I. Money and Machines II. Materials and Money III. Market and Mean IV. Materials and Man

A. I and II
B. II and III
C. I and IV
D. II and. IV

Question 40:

The creation of utilities to satisfy human wants is referred to as ____________

A. Production
B. Consumption
C. Industrialization
D. Occupation