JAMB Commerce 2000 past questions

Government policies relating to the establishment and operations of businessess are targeted at

The pivot on which the wheel of commerce rotates is

The share capital value that forms part of the balance sheet total is the

Bank overdraft as a short term source of fund is

Land as a factor of production does not vary in

The measure of independence available to the individual buisness units that come together is the main difference between

Whhich of the following services does a lawyer render?

The major factors that facilitate merchadising are

The partner that only contributes part of the capital used in the formation and running of a business is known as

What is the total fixed capital?

One major advantage of a credit and thrift cooperatives is that

Determine the circulating capital

The term PLC implies that the shares are availble

The application of division of labour should generally bring about

On liquidation of a public limited liability company, the residual owners are the

Prodcution involves

Which of these is both merit and demerit in partnership?

The insurance principle that requires full disclosure of information on the insured is known as

The fucntion of a merchant wholesaler is to

The computer using linear integrated circuit technology coupled with quantification of data in terms of length and distance is known as

Ocean liners are subdivided into

The current trends in retailing competion in Nigeria are

The main factors militating against the rapid growth of trade in Nigeria are

Mr. Olatunde took up a fire insurance on a property valued at N1000 and the amount insured is N800. The property caught fire causing a loss of N400. If the insurance was taken with the clause “with average’ what is the amount to be paid by the insurance company

The Central Bank differs from commercial banks becasue it

Tourists with no fixed address in a town may receive their letters from the post office through a

An invoice can be described as a

Product Price Customer Promotion Place The chart above represents the

The role of public relations is principally to

The pratice whereby soft drink manufacturers give away caps, bags and other items when consumers buy their product is a form of

The major condition for obtaining loan in thrift credit and loans cooperative societies is

The type of advertising that seeks to persuade consumers to buy a particular product is

The most important advantage of personal selling is that it

The stock exchange helps to provide capital for industrial projects becasue it

The instument establishing the Economic Community of West African state in 1975 is

The primary objective of a trade association is to

One of the functions of the Niger Basin Commission is to

The legal aspect of business is designed to

An aspect of the law which allows an exclusive right for a limited number of years is a

The basis elements of a valid contract are

In an organisation, civic consideration arises from

The main difference between nationalization and indigenization in terms of

After registration, a certificate of trading is usually issued to

Which of the following group of countries are members of the Niger Basin Commission?

The first known legislation to protect consumer right in Nigeria is the