Jamb Commerce 2015 Past Questions and Answers

Question 36:

• JAMB 2015

The forum for the selling and buying of securities of small and medium companies is called.

A. Securities and Exchange Commission
B. Second tier Security Market
C. Foreign exchange Market
D. Second tier foreign Exchange market

Question 37:

• JAMB 2015

The external environmental factors that affect a business cooperation are

A. Economic, Social and legal
B. Political, Culture and Labour
C. Competition, Labour and Political
D. Competition, Industry and Product.

Question 38:

• JAMB 2015

The difference between a private are public limited liability company is that the former

A. Is unable to declare and pay dividend.
B. Has a higher number of share holder
C. Is unable to offer shares to the public.
D. Pays higher salaries to its member

Question 39:

• JAMB 2015

A type of long-term loan granted to companies with fixed interest rate as well as with redeemable and irredeemable features is referred to as projects.

A. Debenture
B. A bond
C. A term loan
D. An overdraft

Question 40:

• JAMB 2015

The circulating capital of a business enterprise is classified into

A. Cash, work-in-progress and debtors
B. Cash, Vehicles, land and building
C. Debtors, stocks of raw materials and fitting
D. Prepayments, debtors and equipment