2023 - JAMB Commerce Past Questions and Answers - page 5
41
Which of the following is not a veritable source of funds to a public limited liability company?
A
advances and loans from bank
B
internally generated funds
C
government financial grants
D
funds from the sale of shares
43
Which of the following is a verbal means of communication
A
express mail
B
telephone
C
telex
D
business reply services
44
Insurance against burglary is an example of
A
non-indemnity insurance
B
non-insurable risk
C
indemnity insurance
D
fidelity guarantee insurance
45
The process of converting a non-profit making organisation to a profit-making business is
A
commercialisation
B
deregulation
C
indigenisation
D
privatisation
46
Any activity directed at conveying commodities to buyers is an aspect of
A
delivering
B
advertising
C
selling
D
marketing
47
The Nigerian Stock Exchange consist of
A
primary and secondary -tier market
B
commercial and mortgage market
C
secondary and primary market
D
money and commodities market
48
One of the major problems of a sole properitor is sourcing for
A
labour
B
machineries
C
raw materials
D
funds
49
Factors considered when setting up a retail business is one of the following
A
capital, experience and trading
B
experience, term of trade and trading
C
capital, trading and term of trade
D
capital, type of goods and source of supply
50
The maximum number of shareholders in a public liability company is
A
twenty
B
one hundred
C
fifty
D
unlimited
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