Commerce - Jamb Commerce Past Questions and Answers

Question 16:

• JAMB 2002

The most important factor that delayed the development of commerce in Nigeria was?

A. A.the inefficient means of communication
B. That there were few entrepreneurs
C. That there were few developed markets
D. Secondary production has to do with changing the?

Question 17:

• JAMB 2002

The most important factor that delayed the development of commerce in Nigeria was?

A. A.the inefficient means of communication
B. That there were few entrepreneurs
C. That there were few developed markets
D. Secondary production has to do with changing the?

Question 18:

• JAMB 2002

Which of the following best described the scope of commerce

A. All forms of commercial exchanges relating to industry
B. Buying and selling and the construction industry
C. All occupational exchanges relating to industries and commercial activities
D. Buying and selling as well as the extraction of natural resources

Question 19:

• JAMB 2003

The evolution of commerce in Nigeria is traceable to the?

A. Period of barter economy as human needs became limitless
B. Desire by human beings to satify their needs through the services of other people inthe society
C. Development of human civlizations and the desire to meet their needs
D. Primitive stage of existence of human beings

Question 20:

• JAMB 2004

The most important function of commerce is?

A. Helping people to improve thir profits
B. Facilitaing exchanges among indiviuals and firms
C. Assisting trade through banking and insurance
D. Enhancing business relationships