Commerce 2023 Jamb Examination

Commerce 2023 Jamb Examination
Available Sections
2. Career
4. Job
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Question 1

The macro-environmental forces and trends which are a constraint on business operations are referred to as
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Constraints on business operations come from external factors beyond the control of the business.

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Question 2

The payment made by a speculator to the buyer when he is unable to deliver stocks on the agreed date is
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Backwardation is the payment made by a speculator to a buyer for failing to deliver stocks on time.

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Question 3

A document that lists the goods that are being sent from one place to another is
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A shipping note is a document that lists goods being dispatched from one place to another.

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Question 4

The maximum number of shareholders in a public liability company is
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A public liability company can have an unlimited number of shareholders.

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Question 5

The process of dividing tasks into jobs and departments and delegating authority is known as
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Organizing involves dividing tasks, creating departments, and delegating authority.

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Question 6

A demerit of communication is that it
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A disadvantage of communication is that it can give room for distortion of fact.

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Question 7

Which of the following regulates and controls the activities in the Nigerian Stock Exchange?
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The Securities and Exchange Commission (SEC) regulates and controls the activities in the Nigerian Stock Exchange.

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Question 8

An agent who has to sell perishable goods without the prior authority of the owner becomes an agent by
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When an agent sells perishable goods without authority due to urgency, he becomes an agent by necessity.

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Question 9

Which of the following is not a veritable source of funds to a public limited liability company?
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Government financial grants are not a usual source of funds to a public limited liability company.

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Question 10

The document that explains the types of shares available for sale to the public is
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A prospectus is the document that explains the types of shares available for sale to the public.

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Commerce 2023 Jamb Examination
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