Jamb Commerce 2001 Past Questions and Answers

Question 41:

• JAMB 2001

Who is the offeree in this contract ?

A. Musa
B. Audu
C. Adamu
D. Jacob

Question 42:

• JAMB 2001

Who is the offeree in this contract ?

A. Musa
B. Audu
C. Adamu
D. Jacob

Question 43:

• JAMB 2001

The maximum number of shareholders in a public liability company is?

A. Twenty
B. Fifty
C. One hundred
D. Unlimited

Question 44:

• JAMB 2001

One way government reduces the repatriation of capital is through

A. Nationalization
B. Divestiture
C. Indidenization
D. Naturalization

Question 45:

• JAMB 2001

One of the major function of a chamber of commerce is to

A. Promotes and protect trade, industry and agriculture
B. Advise members on regulations of other countries
C. Settle disputes that arise out of trade
D. Publish books and periodical desired by members