Business Units - Jamb Commerce Past Questions and Answers

Question 136:

• JAMB 2014

The major aim of establishing a public corporation is to

A. Establish a monopoly
B. Provide essential services
C. Provide employment opportunities
D. Encourage specialization

Question 137:

• JAMB 2014

The coming together of a manufacturing business with a firm that markets its products is

A. Backward integration
B. A consortium
C. Forward integration
D. A syndicate

Question 138:

• JAMB 2014

An association of voluntary organizations that work together for a common aim while retaining their independence is a

A. Syndicate
B. Merger
C. Cartel
D. Consortium

Question 139:

• JAMB 2014

The document that explains the types of shares available for sale to the public is

A. A prospectus
B. An invoice
C. An open indent
D. A closed indent

Question 140:

• JAMB 2014

Cum div differs from ex div in that, the later

A. Entitles the purchaser to recieve a company's current dividend
B. Entitles the vendor to recieve a company's current dividend
C. Confirms a purchase or sale made on behalf of a share holder
D. Is a document used to transfer ownership of shares