JAMB Commerce Past Questions - Set 4

10 QuestionsMultiple ChoiceFree Practice

About this quiz

This JAMB Commerce Past Questions - Set 4 quiz contains 10 multiple choice questions designed to help you revise and test your Commerce knowledge. Select an answer for each question and click “Submit Answer” to see instant feedback. Take your time and try to score as high as possible!

Description

Practice with real JAMB Commerce past questions. Test your knowledge of trade, business, banking, and insurance for UTME preparation. Set 4 covers questions from JAMB exams (2024).

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Question 1 of 10

The policy designed to accelerate the greater participation of Nigerians in the ownership and management of business enterprises in Nigeria is called

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Question 2 of 10

Which of these is used in calculating working capital?

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Question 3 of 10

Obi received a cheque for #1000 from Mr. Ade and this cheque was stolen. He must

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Question 4 of 10

A contract in which all parties to the contract have carried out their obligation is said to be terminated by

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Question 5 of 10

The deliberate throwing of some goods into the sea to prevent the ship from sinking is an example of

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Question 6 of 10

Which of the following is NOT part of the marketing mix?

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Question 7 of 10

Shares are said to be sold at a discount when they are sold

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Question 8 of 10

When the price quoted includes all the cost to the actual destination, that is, from the seller's warehouse to the buyer's warehouse. it is called

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Question 9 of 10

The body charged with the responsibility monitoring the quality of goods supplied is the

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Question 10 of 10

The difference between the higher prices and the lower prices quoted for shares and stocks at the stock exchange is known as