Jamb Commerce 2023 Past Questions and Answers

Question 46:

• JAMB 2023

Which of the following is not a veritable source of funds to a public limited liability company?

A. Advances and loans from bank
B. Internally generated funds
C. Government financial grants
D. Funds from the sale of shares

Question 47:

• JAMB 2023

The document that explains the types of shares available for sale to the public is

A. A prospectus
B. An invoice
C. Closed indent
D. An open indent

Question 48:

• JAMB 2023

The macro-environmental forces and trends which are a constraint on business operations are referred to as

A. Internal factors
B. Technological factors
C. Economic factors
D. External factors

Question 49:

• JAMB 2023

The payment made by a speculator to the buyer when he is unable to deliver stocks on the agreed date is

A. Contango
B. Arbitrage
C. Backwardation
D. Franco

Question 50:

• JAMB 2023

A document that lists the goods that are being sent from one place to another is

A. Mail transfer
B. Shipping note
C. Consular invoice
D. Bill of lading