Jamb Commerce 2018 Past Questions and Answers

Question 71:

• JAMB 2018

The share capital value that forms part of the balance sheet total is the?

A. Issued share capital
B. Called-up share capital
C. Authorised share capital
D. Paid-up share capital

Question 72:

• JAMB 2018

A printer that burns the print image into the photosensitive drum is called?

A. Dot matrix printer
B. Laser printer
C. Daisy wheel printer
D. Thermal printer

Question 73:

• JAMB 2018

The insurance principle that requires full disclosure of information on the insured is known as ?

A. Indemnity
B. Caveat emptor
C. Subrogation
D. Uberrimae Fidel

Question 74:

• JAMB 2018

On liquidation of a public limited liability company, the residual owners are the?

A. Creditors
B. Debenture shareholders
C. Preference shareholders
D. Ordinary shareholder

Question 75:

• JAMB 2018

A form of money that has gone out of use is ?

A. Commodity money
B. Bank money
C. Paper money
D. Foreign money