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Commerce 2017 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
An advantage of division of labour is _______?
  • A. productivity and total output is increased
  • B. monotony of task is eliminated
  • C. loss of individual craftmanship is minimized
  • D. interdependence of workers increase remuneration
View Answer & Discuss (1) JAMB 2017
22
A major objective of all business resources is ______
  • A. public relation
  • B. profit sharing
  • C. human relation
  • D. profit making
View Answer & Discuss (1) JAMB 2017
23
What document is required when a country imposes valorem import duties on goods?
  • A. mail transfer
  • B. shipping note
  • C. bill of lading
  • D. consular invoice
View Answer & Discuss (3) JAMB 2017
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24
A major function of trade association is to _______
  • A. assist members to buy cars
  • B. help individuals to set up small business
  • C. establish a link among member
  • D. foster cooperation among members
View Answer & Discuss (1) JAMB 2017
25
A partnership is dissolved due to ________
  • A. liquidity of the firm
  • B. death of the employee
  • C. insanity of a partner
  • D. resignation of an employee
View Answer & Discuss (2) JAMB 2017
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts