Jamb Commerce Past Questions and Answers

Question 1151:

• JAMB 2015

Communication enhances business activities by

A. Facilitating interaction between producers
B. Facilitating interaction among media houses
C. Ensuring the movement of good forms the producer to the consumer
D. Keeping the goods safe until they and needed

Question 1152:

• JAMB 2015

The effective and efficient delivery of the desired satisfaction by a firm is said to be the practice of

A. Product concept
B. Marketing concept
C. Distribution concept
D. Price concept

Question 1153:

• JAMB 2015

The document that gives an importer freehand to obtain goods form any manufacturer is

A. A closed indent
B. A consular invoice
C. A freight note
D. An open indent

Question 1154:

• JAMB 2015

Company has an authorized capital of 100millon shares at N1 per share, out of which 50 million shares have been issued and fully paid-up, the remaining 50 million shares have?

A. Not yet been issued
B. Been applied for but not issued
C. Not been paid-up
D. Been issued but have not been paid-up

Question 1155:

• JAMB 2015

Which of the following best describes an invoice?

A. Contractual agreement for the sale of goods
B. Document specifying quantity, description, prices and total value of purchase .
C. Receipt containing necessary information about the goods.
D. Letter specifying the contractual sales of goods between two parties