Jamb Commerce 2002 Past Questions and Answers

Question 21:

• JAMB 2002

The mode of transporting crude oil to the ports for export purposes is by

A. Tanker
B. Rail
C. Road
D. Pipeline

Question 22:

• JAMB 2002

The temporary insurance certificate issued to the insured before drawing up a policy is a?

A. Cover note
B. Testimonial
C. Time policy
D. Proposal form

Question 23:

• JAMB 2002

The bulls and bears in the Stock Exchange market help to minimize

A. The number of shares and bonds sold
B. Price increases of securities
C. Fluctuations in the prices os securities
D. The elasticity of the prices of securities

Question 24:

• JAMB 2002

Debentures differ from shares in that

A. They are secured on the company's assets
B. Ownership is open to the public
C. They form part of the capital of the business
D. Rewards are usually paid out of profits

Question 25:

• JAMB 2002

The Stock Exchange is a market where?

A. Long-term securities are sold
B. All types of securities are sold
C. Short-term securities are sold
D. Medium-term securities are sold