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Thursday, 09 April 2026
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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 11:
The limit of functions, activities and personnel that a supervisor can effectively manage in a business organization is?
  • A Span of control
  • B Delegation of authority
  • C Chain of command
  • D Authority and rsesponsibility
View Answer & Explanation
Question 12:
A seller attracts and retains patronage by?
  • A Enhancing public relationship
  • B Enhance sales promotion
  • C Rendering pre-sales services
  • D Rendering customer service
View Answer & Explanation
Question 13:
A bond which attracts only interest but leaves the capital unpaid is referred to as?
  • A A long-term loan
  • B A develoment bond
  • C A redeemable bond
  • D An irredeemable bond
View Answer & Explanation
Question 14:
A public company has 2 000 000 ordinary shares of 50k each and offers 50% for subscription at N2 per share.
If the shares were fully subscribed, calculate the issued capital?
  • A N4 000 000
  • B N2 000 000
  • C N1 000 000
  • D 500 000
View Answer & Explanation
Question 15:
The main requirement for admission to the second-tier securities markets is the?
  • A Provision of a three-year trading record
  • B Disclosure of all trading activities
  • C Creation of a good atmosphere for growth and development
  • D Guranteeing dividends to shareholders
View Answer & Explanation