Jamb Commerce Past Questions and Answers

Question 1411:

• JAMB 2019

The headquarters of Niger Basin Commission is located at________

A. Abuja
B. Niamey
C. Lome
D. Nojamena

Question 1412:

• JAMB 2019

A document which entitles its holder to the gods named on it, which is stored in a specific warehouse is called________

A. Debit note
B. Credit note
C. Warrant
D. Shipping note

Question 1413:

• JAMB 2019

The difference between Articles of association and memorandum of Association is that the latter deals

A. With the Internal working relationship of the company and its members
B. With the powers and relationships of the company with outsiders
C. The method of issue, transfer and future of the company's shares
D. The rights and responsibilities of shareholders

Question 1414:

• JAMB 2019

All except one is not a corporation and boards at the federal level

A. FRCN
B. NNPC
C. CBN
D. MAN

Question 1415:

• JAMB 2019

The basic characteristics of co-operative society include all except one

A. It is managed democratically
B. It follows the principle of one man
C. Amateur Management
D. Extra capital is raised through loan