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Commerce 2021 JAMB Past Questions

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16

The major determinant of fire insurance premium is the 

  • A. usefulness of the property to the owner
  • B. type and structure of the property to be insured
  • C. owner of the property to be insured
  • D. extent of fire damage anticipated
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17

An activity that involves derivation of raw materials from land and sea is

  • A. agriculture
  • B. farming
  • C. extraction
  • D. construction
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18

A person who buys new issues with a view of reselling at a higher price in the near future is referred to as a

  • A. bear
  • B. bull
  • C. dealer
  • D. stag
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19

The primary memory component of a computer is the 

  • A. console
  • B. cache
  • C. compliers
  • D. assemblers
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20

The transmission of the telephone services from one country to another is facilitated by

  • A. international facility
  • B. internet services
  • C. interconnectivity
  • D. communication satellite
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