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Jamb Commerce Past Questions and Answers

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Jamb Commerce Past Questions

Question 71:


An example of vertical integration is___________

A. Trust
B. Cartel
C. Merger
D. Price Ring


Question 72:


A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______

A. Subsidiary
B. Syndicate
C. Holding Company
D. Parent company


Question 73:


The theory of International trade is based on_________

A. Principles of management
B. Principles of comparative cost
C. Principle of double entry
D. Theory of migration


Question 74:


A fall in the value of a country's currency vis-a-vis other currencies is known as__________

A. Depreciation
B. Reduction
C. Devaluation
D. Exchange rate


Question 75:


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






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