Commerce 2018 Jamb Examination
Question 21
A clear bill of lading indicates that the goods were received in good condition without any records of damage. Correct option is B.
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Question 22
Air transport is the fastest means of moving goods or passengers over long distances. Correct option is B.
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Question 23
A promissory note represents a legal promise to pay; the company must redeem it for cash on the due date. Correct option is D.
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Question 24
Public liability companies can have an unlimited number of shareholders. Correct option is B.
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Question 25
The above chart represents the
The chart illustrates the relationship among the components of the marketing mix (product, price, place, promotion). Correct option is A.
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Question 26
If the agreed dress was not delivered on the due date, Halima can sue for damages to compensate for breach of contract. Correct option is D.
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Question 27
Money is widely acceptable because it has legal backing that enforces its use as a medium of exchange. Correct option is C.
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Question 28
The Securities and Exchange Commission (SEC) regulates and controls activities in the Nigeria Stock Exchange. Correct option is A.
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Question 29
An overdraft provides a short-term source of capital for businesses to meet immediate cash needs.
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Question 30
Debenture holders earn interest on their loans rather than dividends or profits. Correct option is B.
Not clear enough?
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