Commerce JAMB Questions and Answers 2026 [Revealed!]

This is for UTME Candidates looking for JAMB Commerce Questions and Answers 2026. Especially for those aspiring for Commerce, Bus Admin, and other social sciences and art courses requiring Commerce. Here you will get genuine Commerce JAMB questions and answers for 2026. Your duty now is to read through them as many times as possible and get ready to smash your Commerce paper. Remember to use the comments sections if you have questions, and don’t forget to join our Free Online Tutorial Classes on YouTube. (Subscribe to the Channel)

Table of Contents

JAMB Commerce Questions and Answers 2026

The following JAMB Commerce Questions and Answers 2026 are the questions you should expect in your Commerce paper in 2026 UTME, together with their answers. You can click on the answer keys to get explanations.

Mock UTME Commerce – Full 40 Questions (@SureSuccess_Ng)

Read Also: 20 Most Repeated Topics in JAMB Commerce Exams 2026

Conclusion

So here you have the 40 Commerce Questions you can expect to see in your 2026 JAMB examination. Read them again and again. Ensure that you get very familiar with each of them to the extent that you can readily recognize them any time. JAMB is a very serious examination and a lot depend on it. You will answer 40 questions in JAMB Commerce 2026 within 26 minutes. So it’s important that you pay attention to the information revealed on this page.

Remember that you can ask for more detailed explanation to any of the above questions in case you don’t fully understand it. Don’t be shy, just scroll down and use the comments section. Drop your questions and expect comprehensive answers as soon as possible.

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Commerce JAMB Questions and Answers 2026 [Revealed!]

JAMB Commerce Questions and Answers 2026

UTME Commerce 2026

1. Commerce is concerned with

2. The reward for capital as a factor of production is

3. A bill of exchange is also known as

4. The document that entitles the owner to take possession of goods is

5. A debit note is issued when goods are

6. The warehouse that belongs to the government is

7. The fastest means of transport is

8. A sole proprietor bears

9. The CBN was established in

10. The Nigerian Stock Exchange is located in

11. A cheque that has “A/C PAYEE ONLY” written on it is

12. The main function of the Nigerian Ports Authority is

13. A company with N10 share selling at N12 is said to be at

14. The type of insurance that covers ship and cargo is

15. A pro forma invoice is sent when

16. The oldest stock exchange in Africa is in

17. A partnership deed usually contains

18. The major source of fund for a public limited company is

19. The document issued to a public limited company after incorporation is

20. A crossed cheque with “NOT NEGOTIABLE” means

21. The major advantage of air transport is

22. The rate at which the central bank lends to commercial banks is

23. A business that is registered with N50,000 share capital is

24. The process of buying in bulk and selling in small quantities is

25. A market where existing shares are traded is

26. The reward for land is

27. An order cheque becomes a bearer cheque when

28. The main objective of NIPOST is

29. A stale cheque is one that is

30. The major difference between insurance and assurance is

31. The abbreviation “c.i.f” means

32. A retailer makes his profit through

33. The body that regulates advertising in Nigeria is

34. A bond warehouse is used for

35. The fastest means of communication is

36. A bill drawn by a seller on a buyer payable on demand is

37. The Nigerian Export Promotion Council was established in

38. The major function of a chamber of commerce is to

39. A debit balance in the cash book means

40. The principle of subrogation applies to

Conclusion

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