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Commerce 2018 JAMB Past Questions

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11

From which of the following sources can partnership increase their capital?

  • A. Sales of shares
  • B. Admission of new partners
  • C. Discharge of mortgage
  • D. Grants from relatives
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12

One of the disadvantages of rail transport is

  • A. It is not flexible
  • B. It carries bulky goods
  • C. It works at intervals
  • D. Cost of transportation is high
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13

The Central Bank Monetary policy instrument by which it buys and sells securities is called

  • A. Bank rate
  • B. Cash reserve ratio
  • C. Open market operation
  • D. Bank credit
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
14

The duties paid on goods produced locally is

  • A. Ad-valorem duty
  • B. excise duty
  • C. export duty
  • D. quota
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15

A title, symbol, or design that distinguishes a company is called

  • A. Brand name
  • B. Trademark
  • C. copyright
  • D. Patent right
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WAEC offline past questions - with all answers and explanations in one app - Download for free
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
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208