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Jamb Commerce Past Questions and Answers

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Jamb Commerce Past Questions

Question 1256:


A demerit of communication is that it ________

A. Makes payment for goods cumbersome
B. Increase the cost of goods in transit
C. Give room for distortion of fact
D. Hinder quick reception of messages over a long distance


Question 1257:


A major function of trade association is to _______

A. Assist members to buy cars
B. Help individuals to set up small business
C. Establish a link among member
D. Foster cooperation among members


Question 1258:


A partnership is dissolved due to ________

A. Liquidity of the firm
B. Death of the employee
C. Insanity of a partner
D. Resignation of an employee


Question 1259:


Another name or term for a dishonoured cheque is ______

A. An order cheque
B. A bounced cheque
C. A bearer cheque
D. An open cheque


Question 1260:


An example of extractive occupation is ______

A. Mining
B. Teaching
C. Banking
D. Driving






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