JAMB Commerce Past Questions - Set 44

10 QuestionsMultiple ChoiceFree Practice

About this quiz

This JAMB Commerce Past Questions - Set 44 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 44 covers questions from JAMB exams (2014).

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Question 1 of 10

The major aim of establishing a public corporation is to

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Question 2 of 10

The coming together of a manufacturing business with a firm that markets its products is

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Question 3 of 10

An association of voluntary organizations that work together for a common aim while retaining their independence is a

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Question 4 of 10

A loan to a customer with a cheque account at a bank in which the account is allowed to go into debit is

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Question 5 of 10

Part payments made on allotted shares by subscribers is usually the

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Question 6 of 10

The net profit is the excess of gross profit and sources of income over all the expenses . This implies that net profit is

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Question 7 of 10

An agent who transacts business with the broker in the stock exchange is a

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Question 8 of 10

A document sent by a broker to his client to confirm a purchase or sale made on his behalf is

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Question 9 of 10

Cum div differs from ex div in that, the later

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Question 10 of 10

Marketing differs from selling in that,the latter only creates