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Commerce 2023 JAMB Past Questions

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11

A major objective of all business resources is

  • A. human relation
  • B. profit making
  • C. public relation
  • D. profit sharing
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12

The type of letters that are delivered through the normal mail or by airmail express service is referred to as

  • A. express letters
  • B. registered letters
  • C. inland letters
  • D. airmail letters
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13

Parts payments made on alloted shares by subscribers is usually the

  • A. authorized capital
  • B. subscribed capital
  • C. called -up capital
  • D. issued capital
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14

Which of the following legislation aims primarily at the protection of consumers?

  • A. Company's Act
  • B. Partnership Act
  • C. Trade Description Act
  • D. Law of contract
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15

The activity which entails buying of goods in bulk and selling in small quantities to retailers is

  • A. wholesaling
  • B. retailing
  • C. merchandising
  • D. assembling
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