JAMB Commerce 2002 Past Questions

The most important factor that delayed the development of commerce in Nigeria was?

Secondary production has to do with changing the?

The major responsibility of an entrepreneur is?

Which of the following best described the scope of commerce

Capital as a factor of production can be used as?

The agency that currently oversees the privatization and
commercialization process in Nigeria is the?

Okeze contracted to sell TV sets to Ojo. Unknown to them, the sets were stolen in transit. This contract may be terminated on the ground of

Which of the following countries are members of the lake Chad Basin Commission?

A core investor in the current phase of privatization in Nigeria is one who?

The agency in Nigeria which ensures that products conform to government quality specifications is the?

Awarding scholarships and sponsoring sports by a business organization are example of?

The commercialization of public enterprises is aimed at?

An author’s exclusive righto his published and unpublished works is known as?

Under the endowment policy, the money handed over to the insured at the expiration of the stipulated time or at death is the?

the machine used for sending telex messages is known as a?

Which of these insurance principles requires a close connection between the actual loss suffered and the risk insured?

The unit through which result of a processed data are displayed is the?

Which of the following is used to inform the addressee that a registered parcel is ready for collection?

The type of computer commonly found in office is?

The mode of transporting crude oil to the ports for export purposes is by

The temporary insurance certificate issued to the insured before drawing up a policy is a?

The bulls and bears in the Stock Exchange market help to minimize

Debentures differ from shares in that

The Stock Exchange is a market where?

A retail cooperative society aims at?

A bill of exchange already accepted can be discounted by the holder in?

The document issued by the seller which gives detail of the goods he sells is known as?

Given: i. Retail ii. Export iii Transport iv. Import V. Insurance Vi. Banking and finance Vii. Wholesale Viii Communication.

Which of the above is aid to trade?

The organizational structure that relates the positions of specialist to the line mangers is called?

A wholesaler who possesses the title of goods he sells is known as?

An important principle of a good organization structure is

A company that is registered with the corporate Affairs Commission only without being enlisted on the Stock Exchange is a?

A contract for the sale of goods involved the?

the total of share capital which a company should be allowed to issued is known as?

Recognized members of the Stock Exchange who buy and sell securities on their own behalf are known as ?

Which of the following involves foreign trade ?

Which of the following is a function of employers’ associate?

Which of the following industries is normally located near the source of its raw materials?

One of the most important function of marketing is?

Securities on which the buyers are not issued with certificate are called?

In product pricing, which of this element needs more consideration than others?

The principal objectives of the Central Bank of Nigeria can be classified broadly into?

The letters E and OE stand for?

An important issue for consideration in the product element of the marketing mix is the?

A group of companies is a collection of?

Which of the following is an example of trade associations?

which of the following is an determines the quality of goods and that a retailer sells?

An advantage of hire purchase to the consumer is the?

The founders ‘share are usually referred to as deferred shares because the holders?