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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 21:
JAMB 2002
The mode of transporting crude oil to the ports for export purposes is by
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  • A Tanker
  • B Rail
  • C Road
  • D Pipeline
View Answer & Explanation
Question 22:
JAMB 2002
The temporary insurance certificate issued to the insured before drawing up a policy is a?
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  • A Cover note
  • B Testimonial
  • C Time policy
  • D Proposal form
View Answer & Explanation
Question 23:
JAMB 2002
The bulls and bears in the Stock Exchange market help to minimize
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  • A The number of shares and bonds sold
  • B Price increases of securities
  • C Fluctuations in the prices os securities
  • D The elasticity of the prices of securities
View Answer & Explanation
Question 24:
JAMB 2002
Debentures differ from shares in that
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  • A They are secured on the company's assets
  • B Ownership is open to the public
  • C They form part of the capital of the business
  • D Rewards are usually paid out of profits
View Answer & Explanation
Question 25:
JAMB 2002
The Stock Exchange is a market where?
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  • A Long-term securities are sold
  • B All types of securities are sold
  • C Short-term securities are sold
  • D Medium-term securities are sold
View Answer & Explanation

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