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Question 1 of 10
Assurance is different from insurance in that the former is based on
JAMB Commerce Past Questions - Set 52
10 QuestionsMultiple ChoiceFree Practice
About this quiz
This JAMB Commerce Past Questions - Set 52 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 52 covers questions from JAMB exams (2012).
Progress0 / 10 answered
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Question 2 of 10
A person who undertakes life insurance is said to be an
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Question 3 of 10
Tourism serves the purpose of
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Question 4 of 10
The type of letters that are delivered through the normal mail or by airmail express service is referred to as
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Question 5 of 10
The most important business objective is to
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Question 6 of 10
In case of a liquidation of a public limited liability company, those that are first paid are
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Question 7 of 10
A feature common to public and private limited liability companies is that
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Question 8 of 10
A business organization can obtain long term financing through
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Question 9 of 10
The portion of the authorized share capital given out to the public for subscription is
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Question 10 of 10
A company has an authorized capital of 40 million shares at N1 each, out of which 32 million are issued and fully paid-up. What happens to the remaining 8 million shares?