Jamb Commerce 2019 Past Questions and Answers

Question 26:

• JAMB 2019

A market is said to be bullish if_________

A. There is a fail in prices of Securities
B. There is a rise in prices of Securities
C. There is a rise above the offer prices
D. The speculator fails to deliver stock to the buyer

Question 27:

• JAMB 2019

One of these is not a factor affecting prices of securities?

A. The Forces of demand and supply
B. Activities of speculators
C. Political situation of a country
D. Financial statements of the company

Question 28:

• JAMB 2019

A commission charged on postal order is__________

A. Postal zero
B. Postal orders
C. Poundage
D. Brokage

Question 29:

• JAMB 2019

A terms of payment in which the buyer pays cash immediately for goods bought before he takes them away is called____

A. Prompt cash
B. Cash on delivery
C. Spot cash
D. Cash with order

Question 30:

• JAMB 2019

A cheque that is payable to whoever presents it is known as______

A. Order cheque
B. Open cheque
C. Crossed cheque
D. Bearer cheque