Jamb Commerce Past Questions and Answers

Question 1161:

• JAMB 2015

In a typical manufacturing enterprises, the line function is performed by the

A. Public relations department
B. Marketing Department
C. Estate or Properties Department
D. Legal Department.

Question 1162:

• JAMB 2015

The body regulating the sale and purchase of shares in Nigeria is the

A. Corporate affair commission
B. Securities and exchange commission
C. Securities and exchange tribunal
D. Nigerian stock exchange

Question 1163:

• JAMB 2015

A memorandum of association is applicable to a

A. Partnership
B. Sole trader
C. Joint stock company
D. Public corporation

Question 1164:

• JAMB 2015

An agent who takes title to goods and has authority to buy and sell on behalf of another is

A. A jobber
B. A broker
C. A factor
D. An auctioneer

Question 1165:

• JAMB 2015

Resources commited into the production of relatively few commodities is known as

A. Production
B. Specialization
C. Creation manufacturing
D. Manufacturing