2006 - JAMB Commerce Past Questions and Answers - page 2
11
A seller attracts and retains patronage by?
A
enhancing public relationship
B
enhance sales promotion
C
rendering pre-sales services
D
rendering customer service
correct option: c
Users' Answers & Comments12
A bond which attracts only interest but leaves the capital unpaid is referred to as?
A
a long-term loan
B
a develoment bond
C
a redeemable bond
D
an irredeemable bond
correct option: a
Users' Answers & Comments13
A public company has 2 000 000 ordinary shares of 50k each and offers 50% for subscription at N2 per share.
If the shares were fully subscribed, calculate the issued capital?
If the shares were fully subscribed, calculate the issued capital?
A
N4 000 000
B
N2 000 000
C
N1 000 000
D
500 000
correct option: d
Users' Answers & Comments14
The main requirement for admission to the second-tier securities markets is the?
A
provision of a three-year trading record
B
disclosure of all trading activities
C
creation of a good atmosphere for growth and development
D
guranteeing dividends to shareholders
correct option: b
Users' Answers & Comments15
Which of the following is a development bank in Nigeria?
A
Union Bank Plc
B
First Bank Plc
C
First City Monument Bank
D
Federal Mortgage Bank
correct option: d
Users' Answers & Comments16
Trading on the stock exchange in anticipation of price change in the market value of shares is?
A
speculation
B
forecasting
C
expectation
D
projection
correct option: a
Users' Answers & Comments17
A financial institution which uses its capital strength to acquire controlling interests in other firms can be regarded as a?
A
subsidiary company
B
holding company
C
trusth
D
cartel
correct option: b
Users' Answers & Comments18
A current account is beneficial to its holder as?
A
cheques can be issued to anybody
B
customers cannot withdraw frequently
C
it is only the holder that can make withdrawals
D
it allows customers the use of passbooks
correct option: a
Users' Answers & Comments19
The conversion of raw materials into finished products creates?
A
form utility
B
marginal utility
C
place utility
D
time utility
correct option: a
Users' Answers & Comments20
The factor which critically determines the choice of occupation is?
A
training
B
skill
C
interest
D
apititude
correct option: c
Users' Answers & Comments