2001 JAMB UTME Commerce Past Questions

2001

Which of the following services does a lawyer render?

2001

Land as a factor of production does not vary in?

2001

A distinguishing characteristic of labour is that it is

2001

The pivot on the wheel of commerce rotates is

2001

Entrusting the management of a company to the courts to enable the settlement of the company’s obligations is an indication of?

2001

At the collapse of a business enterprise, the person appointed to dispose of all assets is called

2001

A form of ownership which exploits the strength of one partner to remedy the weakness of the other is a?

2001

One major advantage of a credit and thrift cooperative is that

2001

The partner that only contributes part of the capital used in the formation and running of a business is known as?

2001

The capital owned is

2001

The difference between total current assets and total current liabilities of a business is known as

2001

(i) Personal Savings(ii) Retained Earnings(iii) Accrued taxesWhich of the items above constitute internal sources of financing for companies?

2001

The financial instrument for borrowing in which the collateral is usually more than the amount borrowed is?

2001

The capital employed is

2001

The major procedures in the purchase and sale of goods are enquiry

2001

The balance of payments of countries is

2001

A pro-forma invoice is sent to inform a buyer about the

2001

The merchant wholesaler is referred to as

2001

One of the reasons why wholesaling must continue is that?

2001

A factor necessary for siting a warehouse is nearness to

1 2 3