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Commerce 2006 JAMB Past Questions

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21
Capital to a business is technically?
  • A. an expense
  • B. availiability of local market
  • C. an assets
  • D. a porfit
View Answer & Discuss JAMB 2006
22
i. Wholesaler
ii. Fishing
iii. Canning
iv. Retailing
The sequence in which the occupational activities above are performed is?
  • A. iii, ii, i and iv
  • B. iii, i, iv and ii
  • C. i, ii, iii and iv
  • D. ii, iii, i and iv
View Answer & Discuss JAMB 2006
23
The development of commerce resulted from?
  • A. trading
  • B. competition
  • C. importation
  • D. specialization
View Answer & Discuss (2) JAMB 2006
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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24
The difference between a private and public limited liability company is that the former?
  • A. is unable to offer shares to the public
  • B. is unable to declare and pay dividend
  • C. has a higher number of shareholders
  • D. pays higher salaries to its managers
View Answer & Discuss JAMB 2006
25
Materials used for further production of goods and services are known as?
  • A. export goods
  • B. intermediate goods
  • C. capital goods
  • D. consumer goods
View Answer & Discuss JAMB 2006
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