Jamb Commerce Past Questions and Answers

Question 1361:

• JAMB 2018

A form of ownership which exploits the strenght of one partner to remedy the weakness of the other is the?

A. Joint partnership
B. Cooperative
C. Corporation
D. Joint venture

Question 1362:

• JAMB 2018

i. personal savings. ii. retained earnings iii. accrued taxes. Which of the items constitute internal sources of financing for companies?

A. I and ii
B. I and iii
C. Ii and iii
D. I, ii and iii

Question 1363:

• JAMB 2018

A merchant wholesaler is referred to as?

A. Del-credere agent
B. A broker
C. Rack jobber
D. A factor

Question 1364:

• JAMB 2018

A pro forma invoice is sent to inform a buyer about the?

A. Quantity of goods
B. Price of goods
C. Designation of goods
D. Quality of goods

Question 1365:

• JAMB 2018

warehousing is a productive function because it increases the?

A. Quantity of goods
B. Utility of goods
C. Quality of goods
D. Price of goods