Commerce 2003 Jamb Past Questions and Answers

Question 41 :

• JAMB 2003

The protection of consumers against exploitation by manufacturers is to ensure?

A. Thaty there are varieties of product
B. That the right quality of goods and services is sold
C. Increase in production capacity
D. Increase in the level of consumers awareness

Question 42 :

• JAMB 2003

The most widely used computer language that focuses on solving science-oriented problems is?

A. FORTRAN
B. BASIC
C. ADA
D. COBOL

Question 43 :

• JAMB 2003

Banks are engaged in the business of buying and selling of?

A. Bills of exchange
B. Instruments of credit
C. Intangible products
D. Land

Question 44 :

• JAMB 2003

A source of short-term finance to companies is?

A. Share capital
B. Debentures
C. Retained earnings
D. Corperate tax

Question 45 :

• JAMB 2003

An essential factor for evaluating the different sources of funds for a business is the?

A. Decree establishing the business
B. Ownership structure of the business concern
C. Size and the type of the business
D. Burden of cost and repayment