Search SchoolNGR

Friday, 10 April 2026
Register . Login

Commerce Past Questions and Answers

Jamb Commerce Questions

Question 31:
A wholesaler who possesses the title of goods he sells is known as?
  • A A merchant wholesaler
  • B A multiple wholesaler
  • C A general wholesaler
  • D An agent wholesaler
View Answer & Explanation
Question 32:
An important principle of a good organization structure is
  • A Ideal standard
  • B Span control
  • C Clarity of mission
  • D Adequacy resources
View Answer & Explanation
Question 33:
A company that is registered with the corporate Affairs Commission only without being enlisted on the Stock Exchange is a?
  • A Public liability company
  • B Joint venture company
  • C Limited company
  • D Registered company
View Answer & Explanation
Question 34:
A contract for the sale of goods involved the?
  • A Producer, seller and the buyer of goods
  • B Offering of goods to customers
  • C Transfering of the title to goods for money
  • D Exchange of goods
View Answer & Explanation
Question 35:
the total of share capital which a company should be allowed to issued is known as?
  • A Called-up capital
  • B Paid-up capital
  • C Nominal capital
  • D Issued capital
View Answer & Explanation