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Commerce 2015 JAMB Past Questions

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21
Which of the following best describes an invoice?
  • A. Contractual agreement for the sale of goods
  • B. Document specifying quantity, description, prices and total value of purchase .
  • C. Receipt containing necessary information about the goods.
  • D. Letter specifying the contractual sales of goods between two parties
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22
A direct service is rendered by
  • A. State counsels
  • B. Civil servants
  • C. Police
  • D. Family doctor
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23

The business organization established mainly for the purpose of carrying out specific assignment for a specific duration is a

  • A. Partnership
  • B. Company
  • C. Joint venture
  • D. Co-operative society
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24

Second-tier securities market differs from the first-tier securities market in that the former is

  • A. highly restricted
  • B. Regulated by SEC
  • C. Regulated by NIPC
  • D. less restricted.
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25

Inbound tourism occurs when

  • A. non-resident s of a country travel within it.
  • B. non- resident of a country travel to other countries
  • C. resident of a country travel within it
  • D. Residents of a country travel to other countries.
View Answer & Discuss (5) JAMB 2015
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