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Commerce 2012 JAMB Past Questions

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21
Tourism serves the purpose of
  • A. cross-cultural understanding and peaceful interaction
  • B. opening values for leaving the country
  • C. economic development and naturilization
  • D. exploiting the country's natural endowment
View Answer & Discuss (4) JAMB 2012
22
The type of letters that are delivered through the normal mail or by airmail express service is referred to as
  • A. inland letters
  • B. registered letters
  • C. airmail letters express letters
  • D. express letters
View Answer & Discuss JAMB 2012
23

A business organization that exploits the capabilities of a member to remedy the weaknesses of another is

  • A. joint venture
  • B. partnership
  • C. nominal partnership
  • D. cooperative
View Answer & Discuss JAMB 2012
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24
The most important business objective is to
  • A. improve investments
  • B. provide quality products
  • C. target consumers for satisfaction
  • D. carve a niche for the business
View Answer & Discuss JAMB 2012
25

In case of a liquidation of a public limited liability company, those that are first paid are

  • A. ordinary shareholders
  • B. prefernce shareholders
  • C. cumulative preference shareholders
  • D. debenture holders
View Answer & Discuss JAMB 2012
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