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Commerce 2005 JAMB Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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21
In CIF contracts, risk passes at the time of shipment but the property does not pass until?
  • A. there is physical transfer of goods
  • B. the shipping manifest are signed
  • C. the shipping documents are transferred
  • D. the goods on board are delivered
View Answer & Discuss JAMB 2005
22
A partnership is dissolved when?
  • A. the business suffers a loss
  • B. there is bankruptcy
  • C. there is consistent theft
  • D. there is misunderstanding between partners
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23
One of the disadvantages of a sole proprietorship is?
  • A. secrecy of annual reports
  • B. pride of ownership
  • C. limited liability
  • D. unlimited liability
View Answer & Discuss JAMB 2005
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
24
The most important concept on production is?
  • A. utility
  • B. wealth creation
  • C. transformation
  • D. distribution
View Answer & Discuss JAMB 2005
25
An acquired firm in a merger will always receive a?
  • A. premium
  • B. grant
  • C. share
  • D. discount
View Answer & Discuss JAMB 2005
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent