JAMB Commerce 2014 Past Questions

Cooperation and friendliness are enhanced among nations through interdependence necessitated by

One of the products of an extractive industry is

The payment for direct service is usually made by the

An important feature of land is that it

One of the major determinants of the volume of production is

Mrs Jones who lives in the riverine community of Rivers State makes her living through crabbing and fishing . This type of occupation she is in is

To eliminate middlemen, there should be a retail outlet such as

The document issued by a port authority for goods deposited is a

The document submitted to the customs authority when full description of imported goods is not provided is

The role of customs and exercise authority includes the

A document recording the transactions of an organization with its customer for a specified period which normally shows the indebtedness of one to the other is a

In response to an inquiry from a customer, a wholesaler is expected to send back

A carton of noodles valued at #2,000 was invoiced at #200 only.The accounting procedure to correct this error is to issue

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

Endowment policy in insurance business is an aspect of

Insurance against burglary is an example of

The principle which requires the insurance company to disclose to the proposer all material facts of the risk to be covered is

The insurance principle that allows an insurance an insurance company to take over the rights of the insured once he has been compensated is

A trader who experienced loss through fire can be restored by

The distribution of petroleum products in Nigeria is through

The deliberate effort geared towards discarding some cargoes in order to lighten the vessel is

The major aim of establishing a public corporation is to

The coming together of a manufacturing business with a firm that markets its products is

An association of voluntary organizations that work together for a common aim while retaining their independence is a

The document that explains the types of shares available for sale to the public is

Which of the following attracts only interest but leaves the capital unpaid

A loan to a customer with a cheque account at a bank in which the account is allowed to go into debit is

Part payments made on allotted shares by subscribers is usually the

The net profit is the excess of gross profit and sources of income over all the expenses . This implies that net profit is

A form of money with face value which is greater than the value of the metal content is

An agent who transacts business with the broker in the stock exchange is a

A document sent by a broker to his client to confirm a purchase of sale made on his behalf is

Cum div differs from ex div in that, the later

The payment made by a speculator to the buyer when he is unable to deliver stocks on the agreed date is

Which of the following regulates and controls the activities in the Nigerian Stock Exchange?

The principle of management that emphasizes on the number of subordinates under the direct supervision of a manager is

Marketing differs from selling in that,the latter only creates

A business that focuses attention on the quality of the goods produced by precisely knowing what the consumers desire is said to be operation the

The physical and psychological satisfaction a customer derives from the purchase of goods and services is

Which of the following aspects of marketing stimulates buying by providing free gifts

Which of the following is used as pricing policy?

Mr Taiwo entered into a contract to let a car to Mr Bunmi for his wedding for two days. However, the car had an accident before the first day. Mr Bunmi attempted to claim damages but failed. This implies the contract was terminated by

Hire purchase is advantageous to the seller in that

The difference between a factor and a broker is that the former

A contract which is devoid of legal effect is

The three functional units of a modern computer are

Which of the following computers can be used in weather forecast?

A Digital Versatile Disk is an example of a

The social responsibility factor of an organization is geared towards