Jamb Commerce 2018 Past Questions and Answers

Question 31:

• JAMB 2018

A debenture holder is entitled to

A. Dividend
B. Interest
C. Commission
D. Profit

Question 32:

• JAMB 2018

The two main categories under which marine losses fall into are

A. Total loss and partial loss
B. Voyage policy loss and time policy loss
C. Particular loss and average loss
D. Actual loss and general loss

Question 33:

• JAMB 2018

In a public limited liability company, planning is carried out by

A. Employees
B. The chairman of the board
C. Shareholders
D. Manufacturer’s warehouse

Question 34:

• JAMB 2018

One of the major disadvantages of pipeline transportation is its

A. High maintenance cost
B. High cost of construction
C. Limitation in scope
D. Vulnerability to climate changes

Question 35:

• JAMB 2018

The sale of second hand securities is done in which market

A. Building society
B. Cooperative society
C. Stock exchange
D. Capital market