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Thursday, 09 April 2026
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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 26:
Materials used for further production of goods and services are known as?
  • A Export goods
  • B Intermediate goods
  • C Capital goods
  • D Consumer goods
View Answer & Explanation
Question 27:
A liquidator's fee is to be charged to the?
  • A Realization account
  • B Trading account
  • C Revaluation account
  • D Reconstruction account
View Answer & Explanation
Question 28:
The safety and quality of products are the social responsibility of?
  • A The Standards Organization of Nigeria
  • B The Manufacturers' Association of Nigeria
  • C The Corporate Affairs Commission
  • D Business organizations
View Answer & Explanation
Question 29:
A feature common to privatization and commercialization is?
  • A Profit-making
  • B Credit sales
  • C Market expansion
  • D Price increases
View Answer & Explanation
Question 30:
A protection right which can be reviewed or renewed after seven years is known as?
  • A Patent
  • B Design
  • C Registration name
  • D Trade mark
View Answer & Explanation