JAMB Commerce Past Questions - Set 47

10 QuestionsMultiple ChoiceFree Practice

About this quiz

This JAMB Commerce Past Questions - Set 47 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 47 covers questions from JAMB exams (2013).

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Question 1 of 10

An importance of warehousing is in the

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Question 2 of 10

In order to increase the capital owned, a sole trader may

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Question 3 of 10

A business partner who provides capital but abstains from participation in administration of a firm is a

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Question 4 of 10

Which of the following will not be stated in a Memorandum of Association

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Question 5 of 10

The amount of authorized capital that shareholders have subscribed to is

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Question 6 of 10

The rate of turnover of a firm in a given year is 5 times while the average stock is #12,500. what is the turnover of the firm?

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Question 7 of 10

A lawyer that defrauds his client may be derobed by the Nigerian Bar association in order to

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Question 8 of 10

In the Nigerian GSM industry,a parliament is organized by the Nigerian Communications Commission in order to

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Question 9 of 10

Trade fairs in Nigeria are organised by

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Question 10 of 10

Money is generally accepted for transactions due to