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Commerce 2007 JAMB Past Questions

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16
Law-making is an example of?
  • A. indirect service
  • B. commerical occupation
  • C. direct service
  • D. industrial occupation
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17

A document which advertise the shares of a company is known as a?

  • A. memorandum of satisfaction
  • B. dividend warrant
  • C. deed
  • D. prospectus
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18

The creation of utilities is to satisfy human wants is referred to as?

  • A. production
  • B. consumption
  • C. industrialization
  • D. occupation
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19
A major criticism of a cooperative society is?
  • A. limited capital
  • B. granting exceessive loans to members
  • C. selling goods on credit to non-members
  • D. management incompetence
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20

An economic activity which deals with natural resources is a form of?

  • A. extraction
  • B. refining
  • C. construction
  • D. manufacturing
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