Jamb Commerce Past Questions and Answers

Question 1146:

• JAMB 2015

A market where new shares are traded is known as

A. Primary Market
B. Stock Exchange
C. Secondary Market
D. Money Market

Question 1147:

• JAMB 2015

The application of division of labour would generally bring about

A. Increase in quantity of goods and services
B. Increase in variety of goods and services
C. Cheapness of goods and services
D. Cost efficiency in the production of goods and series.

Question 1148:

• JAMB 2015

The computer using linear integrated circuit technology complied with quantification of data in term of length and distance is

A. Main frame Computer
B. Digital Computer
C. Analogue Computer
D. Hybrid Computer

Question 1149:

• JAMB 2015

The internet is a system of telecommunication used for

A. Sending electronic message
B. Communicating messages through telegrams
C. Communicating long-distance
D. Sending and renewing text message

Question 1150:

• JAMB 2015

The implied provisions in every sale of goods as contained in the sale of goods act of 1893 are conditions and

A. Guaranties
B. Warranties
C. Sureties
D. Consideration