Jamb Commerce 2023 Past Questions and Answers

Question 51:

• JAMB 2023

The maximum number of shareholders in a public liability company is

A. Twenty
B. One hundred
C. Fifty
D. Unlimited

Question 52:

• JAMB 2023

The process of dividing tasks into jobs and departments and delegating authority is known as

A. Organizing
B. Staffing
C. Directing
D. Leading

Question 53:

• JAMB 2023

A major objective of all business resources is

A. Human relation
B. Profit making
C. Public relation
D. Profit sharing

Question 54:

• JAMB 2023

The type of letters that are delivered through the normal mail or by airmail express service is referred to as

A. Express letters
B. Registered letters
C. Inland letters
D. Airmail letters

Question 55:

• JAMB 2023

Parts payments made on alloted shares by subscribers is usually the

A. Authorized capital
B. Subscribed capital
C. Called -up capital
D. Issued capital