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Commerce
JAMB 2004
Commerce 2004 JAMB Past Questions
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Introduction to Commerce
Meaning, scope, characteristics and functions of Commerce
History of Commerce
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Occupations
Meaning and Importance
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Role of Bureau de Change
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Trade - Home Trade
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Balance of trade/payment, terms of trade
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Terms of trade: Discounts, C.O.D., C.I.F., F.O.B.
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Employer/employee rights
Government regulations
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ICT in Commerce
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ICT terms
E-commerce, E-banking, E-business
Business Environment and Social Responsibility
Types of environment
Safe products and pollution
Corporate social responsibility
Nationalisation, Indigenisation and Divestiture
Meaning, aims, advantages, disadvantages
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21
Charges for loans paid by commercial banks to the Central Bank of Nigeria are called?
A.
bank rates
B.
credits charges
C.
interest rates
D.
bank charges
View Answer & Discuss (1)
JAMB 2004
22
In a primary market, new shares are issued through?
A.
personal selling, publicity and advertising
B.
a prospectus, an offer for sale and bill of exchange
C.
advertising a prospectus, and bill of exchange
D.
a prospectus, an offer for sale and placing
View Answer & Discuss
JAMB 2004
23
The instruments of credit includes?
A.
billboards and postal stamps
B.
payment vouchers and statement of account
C.
bills of exchange and promissory notes
D.
bills of exchange and salary salary vouchers
View Answer & Discuss
JAMB 2004
24
The shares of a company listed on the stock exchange for sale are referred to as?
A.
registered shares
B.
deferred shares
C.
issued shares
D.
quoted shares
View Answer & Discuss
JAMB 2004
25
What is the role of the capita; market in the privatization exercise in Nigeria?
A.
Selling the shares and stocks of the companies to be privtized
B.
Encouraging private companies to participate inthe exercise
C.
Negotiating with individuals who want to buy public companies
D.
Advertising for governement
View Answer & Discuss
JAMB 2004
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