Jamb Commerce Past Questions and Answers

Question 1531:

• JAMB 2022

A partner who contributes only his name to the formation of a partnership is

A. A nominal partner
B. A limited partner
C. A general partner
D. An active partner

Question 1532:

• JAMB 2022

Which of the following groups would advocate for the supply of constant electricity to households?

A. Consumer's association
B. Credit union
C. Employer's association
D. Labour union

Question 1533:

• JAMB 2022

A retail store that sells a single product from a particular manufacturer is a

A. Tied shop
B. Shopping mail
C. Hypermarket
D. Chain store

Question 1534:

• JAMB 2022

A country's visible balance of payment is made up of

A. Interest on loans to foreign countries
B. Profit from investment abroad
C. Earnings from goods exported
D. Dividend earned from companies

Question 1535:

• JAMB 2022

The quality of money which makes it possible to buy goods in small quantities is

A. Portability
B. Homogeneity
C. Divisibility
D. Durability