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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 36:
The main advantage of a sole trader is the freedom to?
  • A Employ anyone he likes
  • B Take quick decision
  • C Seek advise from any source
  • D Plough all the profits
View Answer & Explanation
Question 37:
The major objective of corporate mergers is to?
  • A Minimize the effect of taxation
  • B Increase financial advantage
  • C Enhance economies of sale
  • D Facilitate profit maximization
View Answer & Explanation
Question 38:
A provision in the charter of a company which gives holders of common stock the first option to purchase additional issues of the firm's common stock is the
  • A Pre-emptive right
  • B Over-subscription right
  • C Ex-dividend right
  • D Shareholders right
View Answer & Explanation
Question 39:
The conversion of raw materials into finished products creates
  • A Form utility
  • B Time utility
  • C Marginal utility
  • D Place utility
View Answer & Explanation