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Commerce 2023 JAMB Past Questions

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6

A demerit of communication is that it

  • A. increase the cost of goods in transit
  • B. give room for distortion of fact
  • C. hinder quick reception of messages over a long distance
  • D. makes payment for goods cumbersome
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7

Which of the following regulates and controls the activities in the Nigerian Stock Exchange?

  • A. CBN
  • B. BPE
  • C. SEC
  • D. NDIC
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8

An agent who has to sell perishable goods without the prior authority of the owner becomes an agent by

  • A. estoppel
  • B. conduct
  • C. necessity
  • D. ratification
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9

Which of the following is not a veritable source of funds to a public limited liability company?

  • A. advances and loans from bank
  • B. internally generated funds
  • C. government financial grants
  • D. funds from the sale of shares
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10

The document that explains the types of shares available for sale to the public is

  • A. a prospectus
  • B. an invoice
  • C. closed indent
  • D. an open indent
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