JAMB Commerce 2018 Past Questions

The act of selling in a foreign market at a price lower than the cost price is called

Current account holders withdraw money through

One of the major problems of a sole proprietor is sourcing for

Which of the following is a verbal means of communication

Trade fairs in Nigeria are organized by

Privatization is

In the law of contact, a counter offer operates as

What is a Quota?

Which of the following functions is not performed by warehousing?

One of these is a current asset

From which of the following sources can partnership increase their capital?

One of the disadvantages of rail transport is

The Central Bank Monetary policy instrument by which it buys and sells securities is called

The duties paid on goods produced locally is

A title, symbol, or design that distinguishes a company is called

The board of directors of public enterprise is appointed by who?

The factors which critically determines the choice of occupation is

Bank overdraft as a short term source of fund is

Which of the following has power to order withdrawal of a particular food item from circulation?

In Nigeria, the ministry in charge of registering trade association is that of

Why is clear bill of lading called so?

Which is the fastest means of transportation?

A company which issues a promissory note in lieu of payment for goods purchased

The maximum number of shareholders in a public liability company is

The above chart represents the

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

Money is generally acceptable for transaction due to

Which of the following regulates and controls the activities in the Nigeria Stock Exchange

------------------- is a source of short term capital?

A debenture holder is entitled to

The two main categories under which marine losses fall into are

In a public limited liability company, planning is carried out by

One of the major disadvantages of pipeline transportation is its

The sale of second hand securities is done in which market

An organization which focuses on consumers satisfaction is practicing

Distribution of goods belongs to

What do we call agreement between two people enforced by law?

A disadvantage of personal selling is that it

One of the principles of insurance is

When does the buyer in a hire purchase becomes the owner of the goods?

Why will a cheque be dishonored?

The elements in marketing mix that ensures goods are available when and where needed is

Balance of payment consist of ----------- and ---------- items

The satisfaction of consumer is best explained by

The internet is a system of telecommunication used for

Goods and services are made available to consumers through

What’s the first form an applicant must complete before taking an insurance policy?

What is the difference between current assets and current liabilities?

An arrangement by independent firms to share the market of their products on quota basics Is referred to as

When does production ends?