Commerce 2016 Jamb Examination
Question 51
Petrol voucher is an example of a
A petrol voucher can only be used to purchase petrol at a specific gas station, meaning it only represents a portion of the total purchasing power one might have with regular currency, making it a form of partial money.
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Question 52
Mergers are often conducted to prevent a company from liquidation. Correct option is C.
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Question 53
The primary purpose of commerce is to facilitate human satisfaction through exchange of goods and services. Correct option is A.
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Question 54
Such funds are part of circulating capital as they are required for day-to-day operations. Correct option is B.
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Question 55
A letter sent to a dealer to ask about products is called an inquiry. Correct option is A.
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