Jamb Commerce 2018 Past Questions and Answers

Question 76:

• JAMB 2018

The three components of staffing are?

A. Recruitment, interview and appointment
B. Recruitment, selection and placement
C. Recruitment, test and placement
D. Recruitment, procurement and appointment

Question 77:

• JAMB 2018

A chamber of commerce is an association made up of?

A. Merchants
B. Manufacturers
C. Entrepreneurs
D. Importers

Question 78:

• JAMB 2018

The first known legislation to protect consumer rights in Nigeria is the?

A. Usury laws
B. Sale of goods act
C. Hire purchase act
D. Food and drugs act

Question 79:

• JAMB 2018

A form of ownership which exploits the strenght of one partner to remedy the weakness of the other is the?

A. Joint partnership
B. Cooperative
C. Corporation
D. Joint venture

Question 80:

• JAMB 2018

i. personal savings. ii. retained earnings iii. accrued taxes. Which of the items constitute internal sources of financing for companies?

A. I and ii
B. I and iii
C. Ii and iii
D. I, ii and iii