Jamb Commerce 2022 Past Questions and Answers

Question 76:

• JAMB 2022

The part of issued share capital that the company has asked the subscribers to pay for

A. Authorised capital
B. Called-up capital
C. Nominal capital
D. Paid-up capital

Question 77:

• JAMB 2022

The last link in a channel of distribution is the

A. Wholesaler
B. Retailer
C. Consumer
D. Agent

Question 78:

• JAMB 2022

The difference between a country's imports and exports of goods in a particular year is

A. Terms of trade
B. Terms of payment
C. Balance of payment
D. Balance of trade

Question 79:

• JAMB 2022

Goods bought into the country for sale are the country's

A. Invisible imports
B. Invisible exports
C. Visible imports
D. Visible exports

Question 80:

• JAMB 2022

A feature of supermarkets which distinguishes it from other large scale retail outlets is that items sold are

A. Mainly household goods
B. Mainly industrial goods
C. Delivered by post
D. One line of products