Search SchoolNGR

Commerce Past Questions and Answers

Jamb Commerce Questions

Question 36:

The most important function of commerce is?

SchoolNGR Classroom

A Helping people to improve thir profits
B Facilitaing exchanges among indiviuals and firms
C Assisting trade through banking and insurance
D Enhancing business relationships

View Answer & Explanation

Question 37:

The acronym PLC is used to identify a?

SchoolNGR Classroom

A Company limited by shares
B Private company limited by shares
C Public company limited by shares
D Company limited by guarantee

View Answer & Explanation

Question 38:

Commerce includes all the occupations concerned with?

SchoolNGR Classroom

A Sales
B Production
C Marketing
D Distribution

View Answer & Explanation

Question 39:

Factors of production can be described as the?

SchoolNGR Classroom

A Resources required for the provision of goods and services
B Skills involves in deciding and directing the flow of goods
C Monetary tools employed by government to ensure stable production
D Elements involved in the process of formulating policies on production

View Answer & Explanation

Question 40:

Fluctuations in the supply of goods may be eliminated if the distribution system maintains?

SchoolNGR Classroom

A Modern technology
B A team of retailers
C Warehouse services
D Sufficient middlemen

View Answer & Explanation

Stay Updated

Follow us on:

Subjects