UTME CBT FREE Practice Test

Hello and Welcome to UTME CBT FREE Practice Test – Commerce

You are to attempt 40 Objectives Questions ONLY
Time allowed is 25 minutes.
Aim to Score 70% and Above
Questions attempted with Answers and Step-By-Step Explanations will be displayed on screen immediately after submission.
Supply Your Full Name in the text boxes below.
Click the Next button to Begin

Full Name:

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email address:

1.

A false statement made by one party with an intention of including the other party to enter into a contract with him is known as _____

A. misrepresentation. B. legal capacity. C. consensus and idem. D. consideration

A B C D

1 out of 40

2.

Debentures differ from shares in that ______

A. they are secured on the company’s assets
B. ownership is open to the public
C. they form part of the capital of the business
D. rewards are usually paid out of profit.

A B C D

2 out of 40

3.

The main divisions of production are ______

A. industry, direct and indirect services.
B. extraction, manufacturing and construction.
C. industry, commerce and direct services.
D. industry, commerce and trading.

A B C D

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UTME CBT FREE Practice Test – Commerce (Questions with Answers and Explanations)

Published by ASSURE on November 24, 2022November 24, 2022

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