Commerce 2018 Jamb Examination
Question 71
A laser printer burns the print image onto a photosensitive drum to produce output. Correct option is B.
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Question 72
Uberrimae fidei requires the insured to fully disclose all relevant information to the insurer. Correct option is D.
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Question 73
After paying debts and preference shareholders, the remaining assets belong to ordinary shareholders. Correct option is D.
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Question 74
Commodity money, such as gold coins, is a form of money that has largely gone out of use. Correct option is A.
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Question 75
The staffing process consists of recruitment, selection, and placement of employees. Correct option is B.
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Question 76
A chamber of commerce is composed primarily of merchants who promote and protect their business interests. Correct option is A.
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Question 77
The Sale of Goods Act was the first legislation aimed at protecting consumer rights in Nigeria. Correct option is B.
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Question 78
A joint partnership combines the strengths of partners to overcome individual weaknesses. Correct option is A.
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Question 79
Internal sources of financing include personal savings and retained earnings, but not accrued taxes. Correct option is A.
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Question 80
A merchant wholesaler who takes title to goods and sells them is known as a factor. Correct option is D.
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