Jamb Commerce Past Questions and Answers

Question 511:

• JAMB 2002

The organizational structure that relates the positions of specialist to the line mangers is called?

A. Line structure
B. Staff structure
C. Line and staff structure
D. Functional structure

Question 512:

• JAMB 2002

A wholesaler who possesses the title of goods he sells is known as?

A. A merchant wholesaler
B. A multiple wholesaler
C. A general wholesaler
D. An agent wholesaler

Question 513:

• JAMB 2002

An important principle of a good organization structure is

A. Ideal standard
B. Span control
C. Clarity of mission
D. Adequacy resources

Question 514:

• JAMB 2002

A company that is registered with the corporate Affairs Commission only without being enlisted on the Stock Exchange is a?

A. Public liability company
B. Joint venture company
C. Limited company
D. Registered company

Question 515:

• JAMB 2002

A contract for the sale of goods involved the?

A. Producer, seller and the buyer of goods
B. Offering of goods to customers
C. Transfering of the title to goods for money
D. Exchange of goods