1997 JAMB UTME Commerce Past Questions

1997

Which of the following are the components of commerce?I Trading and advertisingII Warehousing and transportationIII Packaging and brandingIV Insurance and banking

1997

The person who undertakes any risk in insurance business is known as

1997

The mode of transportation that is noted for on time dependability and low cost peer unit on gods carried is?

1997

An example of indirect service is rendered by

1997

Transport, retailing and wholesaling industries rely heavily on

1997

A royal charter was granted to the Royal Niger Company to do business in Nigeria in

1997

The business with the best business objectives is

1997

Use the conversion below to answer question 7 and 8MUSA: Taiwo why are you in business?TAIWO: To optimized profit, provide quality Product and discharge my socialResponsibilities. What of you, OkonAnd Kalu OKON: I am in…

1997

Partnership are most suitable where

1997

The object of the business are determined by the

1997

The main purpose of insurance is to

1997

One type of investment that have a variable income is

1997

In which of the following circumstances is a court order NOT necessary for the winding up of a company?

1997

When it became necessary to liquidate a company, the frist step to be taken is the appointment of

1997

The major objective of corporate mergers is to

1997

The business organization in which shareholder's have equal vote is

1997

A public limited liability company having a nominal capital made up of 200 000 ordinary shares of 50k each decided to issued 50% of it to the public.What is the authorized capital?

1997

The total amount that a company is allowed to raised according to its memorandum of association is known as

1997

The form of business financing which involves pledging of a specific asset is

1997

Leasing is the right to use asset for an agreed period in return for

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