2012 JAMB UTME Commerce Past Questions

2012

Assurance is different from insurance in that the former is based on

2012

The right of an insurance company to stand in place of an insured against a third party , who is liable for the occurrence of a loss, is the principle of

2012

A business organization can obtain long term financing through

2012

A feature common to public and private limited liability companies is that

2012

In case of a liquidation of a public limited liability company, those that are first paid are

2012

The most important business objective is to

2012

A business organization that exploits the capabilities of a member to remedy the weaknesses of another is

2012

The promotion and protection of trade industry and agriculture through trade fairs is a function of

2012

The main objective of a trade association is to

2012

Given:Opening stock: ₦1,800Purchases: ₦2,800Sales: ₦8,000Closing stock: ₦350Carriage on sales: ₦500Calculate the value of the unused stock.

2012

A company has an authorized capital of 40 million shares at N1 each, out f which 32 million are issued and fully paid-up. What happens to the remaining 8 million shares?

2012

The portion of the authorized share capital given out to the public for subscription is

2012

An organization which focuses on consumer satisfaction is practicing

2012

One of the characteristics of a good organizational chart is that it should

2012

The promotion of team spirit in an organization is referred to as

2012

Under what management function will the motivation of employees fall

2012

Securities that entitle the investor to coupon rates are

2012

The process of decoding data in a computer is known as

2012

The body which ensures that consumers are protected against harmful products in Nigeria is

2012

Yahaya bought a piece of furniture on a credit sale agreement from Ahmed and resold it to Ali before all installments were made .The court upheld that Ahmed could not recover possession of the items from Ali. The reason…

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