2010 - JAMB Commerce Past Questions and Answers - page 3
21
The best mode of ensuring that items posted got to the named address through?
A
recorded delivery
B
registered mail
C
certificate of posting
D
express mail
correct option: b
Users' Answers & Comments22
A businessman who undertakes the hull insurance policy is aiming at?
A
conerting losses on damages to the cargo
B
protcting injured crew in the ship
C
averting payment of the freight
D
covering damages to the body of the ship
correct option: a
Users' Answers & Comments23
An agent who brings a customer into business contact with his principle is known as?
A
a del credere agent
B
an auctioneer
C
a factor
D
a broker
correct option: d
Users' Answers & Comments24
A major hindrance to tourism growth in Nigeria is?
A
absence of genunie tour operators
B
lack of tourism master plan
C
inadequate tourist centres
D
non-compliance to immigration laws
correct option: b
Users' Answers & Comments25
The warehouse that is owned and controlled by the government is a?
A
wholesalers' warehouse
B
public warehouse
C
state warehouse
D
manufaturers' warehouse
correct option: b
Users' Answers & Comments26
One of the main features of a partnership is?
A
limited liability
B
lack of corporate existence
C
unlimited membership
D
lack of utual confidence
correct option: b
Users' Answers & Comments27
An arrangement by independent firms to share the market of their products on quota basis is referred to as?
A
trust
B
integration
C
syndicate
D
cartel
correct option: c
Users' Answers & Comments28
A public company with an authorized capital of N60,000, issued N36,000 shares at 150k each.
What is its capital?
What is its capital?
A
N60,000
B
N36,000
C
N54,000
D
N90,000
correct option: c
Users' Answers & Comments29
One of the functions of NACCIMA is?
A
negotiating with labour unions in matters of wages and conditions of service
B
pooling of members' resources for long-term investment
C
disseminating information to members on matters relating to tariffs
D
ensuring uniformity in labour matters and industrial relations
correct option: d
Users' Answers & Comments30
A characteristics of money which ensures that its value is not lost is?
A
homogeneity
B
easy portability
C
divisibility
D
relative scarcity
correct option: d
Users' Answers & Comments