JAMB Commerce Past Questions - Set 53

10 QuestionsMultiple ChoiceFree Practice

About this quiz

This JAMB Commerce Past Questions - Set 53 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 53 covers questions from JAMB exams (2012).

Progress0 / 10 answered
1

Question 1 of 10

Given: opening stock #1,800 purchases #2,800 sales #8,000 closing stock # 350 carriage on sales # 500 calculate the value of the unused stock.

2

Question 2 of 10

The promotion and protection of trade industry and agriculture through trade fairs is a function of

3

Question 3 of 10

Securities that entitle the investor to coupon rates are

4

Question 4 of 10

Under what management function will the motivation of employees fall

5

Question 5 of 10

The promotion of team spirit in an organization is referred to as

6

Question 6 of 10

One of the characteristics of a good organizational chart is that it should

7

Question 7 of 10

An organization which focuses on consumer satisfaction is practicing

8

Question 8 of 10

Good and services are made available to consumers through

9

Question 9 of 10

A person who in consideration for an extra commission takes responsibility for goods sold on credit and in case of default is a

10

Question 10 of 10

Yahaya bought a piece of furniture on a credit sale agreement from Ahmed and resold it to Ali before all installments were made .The court upheld that Ahmed could not recover possession of the items from Ali. The reason for the judgement was because