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Commerce 2011 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

The agreement of insurers to spread risks among themselves is a major feature of?

  • A. reinsurance
  • B. life insurance
  • C. underwriter
  • D. marine insurance
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22

Inbound tourism occurs when?

  • A. non-residents of a country travel to other countries
  • B. resident of a country travel to another country
  • C. non-resident of a country travel within it
  • D. resident of a country travel within it
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23
One of the major disadvantages of pipeline transportation is its?
  • A. high cost of construction
  • B. limitation in scope
  • C. vulnerability to climate changes
  • D. high maintainance cost
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24

The business organization that can effectively combine management with control is?

  • A. private limited liability company
  • B. sole proprietorship
  • C. public limited liability company
  • D. co-operation society
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25

When two or more companies agree to execute a project too large for one to handle, this is referred to as?

  • A. an amalgamation
  • B. a cartel
  • C. a merger
  • D. a consortium
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Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free