Commerce 2013 Jamb Examination
Question 11
The two main forms of communication are oral and written.
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Question 12
Courier services are the most reliable for urgent document delivery.
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Question 13
A fidelity guarantee is a promise assuring integrity of a person.
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Question 14
Warehousing is primarily important for the storage and repackaging of goods.
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Question 15
A sole trader can increase capital by drawing less profit for personal use.
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Question 16
A dormant partner provides capital but does not take part in administration.
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Question 17
Rights of shareholders are not part of the Memorandum of Association.
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Question 18
Issued share capital is the portion of authorized capital subscribed by shareholders.
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Question 19
Turnover = Rate of turnover × Average stock = 5 × 12,500 = 62,500.
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Question 20
Derobing protects the integrity of the Nigerian Bar Association.
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