Jamb 2009 Commerce Past Questions And Answers
1
The characteristic which ensures that money is free from forgery is its?
- A. legality
- B. durability
- C. recongnition
- D. credibility
2
The major dealers on the stock market are the?
- A. agents
- B. jobbers
- C. investors
- D. brokers
3
The concept which focuses on consumers in decision-making is?
- A. selling concept
- B. marketing concept
- C. product concept
- D. production concept
4
The major components of modern retailing include?
- A. branding, doorstep selling and customer stimulation
- B. branding, sales promotion and mail order
- C. chain store, customer stimulating and doorstep selling
- D. branding, supermarkets and after sales-service
5
The daily official publications of the Nigeria Stock Exchange give detailed information on the?
- A. changes in the official rules set by the market
- B. method of transactions agreed upon by members
- C. participation of members in a day
- D. changes in the price of securities
6
An aid to trade associated with communications is?
- A. advertisement
- B. transportation
- C. warehousing
- D. insurance
7
An organizational structure that is military in nature is the?
- A. line structure
- B. staff structure
- C. line and staff structure
- D. functional structure
8
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
9
A cheque which a bank draws on its own funds is a?
- A. bankdraft
- B. cashier's cheque
- C. bank cheque
- D. crossed cheque
10
The function which ensures that set objectives are attained by an organization is?
- A. planning
- B. directing
- C. staffing
- D. controlling

