2018 - JAMB Commerce Past Questions and Answers - page 3
Why is clean bill of lading called so?
And a clean bill of lading indicates that the carrier received the goods in good condition, before they actually ship them
Which is the fastest means of transportation?
A company which issues a promissory note in lieu of payment for goods purchased
A promissory note is a financial instrument that contains a written promise by one party to pay another party a definite sum of money.
the company is bound to redeem the cash on the due date
The maximum number of shareholders in a public liability company is
The above chart represents the
The marketing mix has been defined as the "set of marketing tools that the firm uses to pursue its organizational goal, there are basically 4 P's of marketing which are Price, Product, Place and Promotion.
Marketing mix is a combination of factors that can be controlled by a company to influence consumers to purchase its products
Chinyere agreed to make a dress for Halima with September 20, 1995 as the delivery date. If the dress was not ready at that date, Halima could
Halimah can regard the contract as being terminated because this is a case of breach of contract.
Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party's performance.Money is generally acceptable for transaction due to
Legal tender is any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation
Which of the following regulates and controls the activities in the Nigeria Stock Exchange
The Securities and Exchange Commission (SEC) is the main regulatory institution of the Nigerian capital market
The Nigerian Stock Exchange (NSE) is privately owned and self-regulating, but the SEC maintains surveillance over it with the mandate of ensuring orderly and equitable dealings in securities, and protecting the market against insider trading abuses.
------------------- is a source of short term capital?
Short term capital is Liquid funds or assets that can be turned into liquid funds within less than a one year period. The amount of short-term capital that a business has available to it typically determines how much it can afford to devote to its operating expenses and will often affect its growth rate.
overdraft is an example of short term capital
A debenture holder is entitled to
A debenture is a long-term security yielding a fixed rate of interest, issued by a company and secured against assets.