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Commerce 2004 JAMB Past Questions

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31
The strategy adopted by a firm that ceases to operate at one or more locations because of inactivity is?
  • A. rejuvenation
  • B. focus
  • C. diversification
  • D. consolidation
View Answer & Discuss (1) JAMB 2004
32
A written partnership contract is known as?
  • A. an invoice
  • B. a deed
  • C. a prospectus
  • D. a proposal
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33
The merger of a textile mill, a cement company and a tannery is referred to as?
  • A. conglomerate merger
  • B. horizontal merger
  • C. lateral merger
  • D. vertiical merger
View Answer & Discuss (1) JAMB 2004
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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34
The most important function of commerce is?
  • A. helping people to improve thir profits
  • B. facilitaing exchanges among indiviuals and firms
  • C. assisting trade through banking and insurance
  • D. enhancing business relationships
View Answer & Discuss JAMB 2004
35
The acronym PLC is used to identify a?
  • A. company limited by shares
  • B. private company limited by shares
  • C. public company limited by shares
  • D. company limited by guarantee
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