Jamb Commerce Past Questions and Answers

Question 1546:

• JAMB 2022

When a share with a nominal value of #50 is quoted at #70, it is being sold

A. Cum div
B. Ex-div
C. At a discount
D. At a premium

Question 1547:

• JAMB 2022

Sea vessels that do not operate on regular times and routes are

A. Tramps
B. Ocean liners
C. Container ships
D. Ferries

Question 1548:

• JAMB 2022

Payment made to a carrier for transportation of goods is

A. Freight
B. Fee
C. Fare
D. Duty

Question 1549:

• JAMB 2022

An advantage of rail transport is that it

A. Is less expensive to maintain
B. Is not prone to delays
C. Carries bulky and heavy goods
D. Enhances door-to-door delivery

Question 1550:

• JAMB 2022

The commission on a postal order is

A. Tariff
B. Poundage
C. Brokerage
D. Fee