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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 21:
A person who undertakes life insurance is said to be an
  • A Insurer
  • B Assurer
  • C Assured
  • D Insured
View Answer & Explanation
Question 22:
Tourism serves the purpose of
  • A Cross-cultural understanding and peaceful interaction
  • B Opening values for leaving the country
  • C Economic development and naturilization
  • D Exploiting the country's natural endowment
View Answer & Explanation
Question 23:
The type of letters that are delivered through the normal mail or by airmail express service is referred to as
  • A Inland letters
  • B Registered letters
  • C Airmail letters express letters
  • D Express letters
View Answer & Explanation
Question 24:
A business organization that exploits the capabilities of a member to remedy the weaknesses of another is
  • A Joint venture
  • B Partnership
  • C Nominal partnership
  • D Cooperative
View Answer & Explanation
Question 25:
The most important business objective is to
  • A Improve investments
  • B Provide quality products
  • C Target consumers for satisfaction
  • D Carve a niche for the business
View Answer & Explanation