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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 26:
One of the major problems of a sole proprietor is sourcing for?
  • A Raw materials
  • B Labour
  • C Machineries
  • D Funds
View Answer & Explanation
Question 27:
In a public limited liability company, planning is carried out by?
  • A The chairman of the board
  • B The board of directors
  • C Shareholders
  • D Employees
View Answer & Explanation
Question 28:
Partnerships are most effective where?
  • A The partners are family friends
  • B Professionals are involved
  • C Members can easily raise enough capital
  • D Government regulations are favorable
View Answer & Explanation
Question 29:
The type of partnership in which all partners are jointly liable in bearing risk is?
  • A Limited partnership
  • B Partnership-at-will
  • C Ordinary partnership
  • D Industral partnership
View Answer & Explanation
Question 30:
The financial instrument that entitles the holder to receive dividend and capital gains is a?
  • A Share
  • B Bond
  • C Bill of exchange
  • D Treasury bill
View Answer & Explanation