Commerce 2022 Jamb Examination
Question 61
An option gives the holder the right to buy or sell stock at a set price within a stipulated time.
Not clear enough?
Question 62
The nominal value is the face value of a share as stated on the share certificate.
Not clear enough?
Question 63
The central bank acts as the lender of last resort to other banks in times of financial difficulty.
Not clear enough?
Question 64
Life insurance is not a contract of indemnity because life cannot be valued or replaced.
Not clear enough?
Question 65
Group insurance covers the lives of employees collectively under one policy.
Not clear enough?
Question 66
An open cheque is payable across the counter directly to the payee.
Not clear enough?
Question 67
A tanker is designed specifically to carry liquids and gases in bulk.
Not clear enough?
Question 68
Warehousing is the act of storing goods safely until they are required for use or sale.
Not clear enough?
Question 69
One of the objectives of the Niger Basin Commission is to
The Niger Basin Commission (NBC) is an organization established to manage and cooperate on the use of the Niger River. One of its key objectives is to ensure the efficient and sustainable construction of dams on the river. This includes considering the environmental and social impacts of dam construction, as well as coordinating with the various countries that share the river basin.
Not clear enough?
Question 70
Advertisement is a paid, non-personal presentation of goods or services by an identifiable sponsor.
Not clear enough?
You might like
When a crystal was added to the clear solution of its salt, the crystal did not dissolve and the solution remained unchanged. This showed that the solution was
Choose the option nearest in meaning to the word.
The chairman advised the participants to follow convention in stating their points?
Metal rods of length 20cm each are laid end to end to form a bridge at 25oC. What gap will be provided between consecutive rails for the bridge to withstand 75oC?
[Linear expansivity of the material = 2.0 x 10-5K-1]
If w varies inversely as \(\dfrac{uv}{u + v}\) and w = 8 when u = 2 and v = 6, find a relationship between u, v, w.