2001 - JAMB Commerce Past Questions and Answers - page 5
41
Who is the offeree in this contract ?
A
Musa
B
Audu
C
Adamu
D
Jacob
correct option: c
Users' Answers & Comments42
The maximum number of shareholders in a public liability company is?
A
twenty
B
fifty
C
one hundred
D
unlimited
correct option: d
Users' Answers & Comments43
One way government reduces the repatriation of capital is through
A
nationalization
B
divestiture
C
indidenization
D
naturalization
correct option: c
Users' Answers & Comments44
One of the major function of a chamber of commerce is to
A
promotes and protect trade, industry and agriculture
B
advise members on regulations of other countries
C
settle disputes that arise out of trade
D
publish books and periodical desired by members
correct option: a
Users' Answers & Comments45
Departmentalization is an aspect of?
A
planing
B
organising
C
directing
D
controlling
correct option: b
Users' Answers & Comments46
A function organization structure is where?
A
staff performing the same functions are grouped together
B
department performing similar functions grouped together
C
activities of similar nature are grouped together
D
staff performing similar functions are grouped together
correct option: d
Users' Answers & Comments47
In the line type of organizational structure,
A
the lines of authority are vertical
B
there is the application of division of labour
C
specialization is carried to a maximum degree
D
the lines of authority are horizontal
correct option: c
Users' Answers & Comments48
proper disposal of waste by business firms is one way of discharging their?
A
responsibility to government
B
environmental responsibility
C
community responsibility
D
responsibility to customers
correct option: b
Users' Answers & Comments49
One of the obstacles to achieving the objectives of ECOWAS is?
A
lack of a common currency
B
colonial linkages
C
sovereignty of states
D
language differences
correct option: d
Users' Answers & Comments50
One of the main obstacles of establishing the Niger River Basin Commission was to?
A
embark on a comprehensive survey of the available water resources
B
carry research for the development of fresh water fisheries
C
develop infrastructure to facilitate economic activities
D
promotes trade among member-state to improve standards of living
correct option: c
Users' Answers & Comments