Commerce - Jamb Commerce Past Questions and Answers

Question 36:

• JAMB 2015

Which of the following is classified as an immaterial want?

A. Protection
B. Raw materials
C. Machines
D. Goods and Services

Question 37:

• JAMB 2015

The development of commercial activate in Nigeria was harnessed by

A. A good storage system
B. Availability of market
C. Increase in production
D. Activities

Question 38:

• JAMB 2017

The function of commerce in relation to production is ______

A. Helping in the extraction of raw material from nature
B. Providing a link between the different stage of conversion of good
C. Yielding result
D. Satisfying

Question 39:

• JAMB 2017

A major objective of all business resources is ______

A. Public relation
B. Profit sharing
C. Human relation
D. Profit making

Question 40:

• JAMB 2017

The process of buying and selling and distribution of goods and services is ______

A. Retail trade
B. Commerce
C. Marketing concept
D. Marketing