Commerce 2014 Jamb Examination
Question 1
Commerce fosters interdependence among nations by promoting trade and cooperation.
Not clear enough?
Question 2
Extractive industries produce raw materials such as iron ore extracted from the earth.
Not clear enough?
Question 3
Direct services are typically paid for by the individual who consumes the service.
Not clear enough?
Question 4
Land is heterogenous in nature because no two parcels are exactly alike in location or quality.
Not clear enough?
Question 5
The size of the market directly influences how much a firm produces to meet demand.
Not clear enough?
Question 6
Crabbing and fishing are primary occupations; thus, this is an extractive activity.
Not clear enough?
Question 7
Consumer co-operatives allow buyers to purchase directly, reducing middlemen.
Not clear enough?
Question 8
A warehouse warrant is issued by a port authority for goods deposited in storage.
Not clear enough?
Question 9
A bill of sight is used when goods details are incomplete for customs processing.
Not clear enough?
Question 10
Customs and excise authorities primarily regulate and control the flow of goods across borders.
Not clear enough?
You might like
Choose the option that best completes the gap(s).
The investigation Commission has treated all the ...... submitted to it by the warning factions?
A large cube is formed from the material obtained by melting three smaller cubes of 3, 4 and 5 cm side. What is the ratio of the total surface areas of the smaller cubes and the large cube ?