Jamb 2011 Commerce Past Questions And Answers
A broker is an agent who links a potential investor with?
- A. a shareholder who wants to register a company
- B. other members of the exchange who want to trade
- C. governement official on the exchange
- D. a quoted company
The arrangement and interrelationship of the various components and positions of a business is referred to as?
- A. organizational structure
- B. clarity of objective
- C. unity of direction
- D. line structure
Second-tier Securities Market differ from the First-tier Securities Market in that the former is?
- A. highly restricted
- B. regulated by the SEC
- C. regulated by the NIPC
- D. less restricted
The body charged with the responsibility of regulating foods and drugs in Nigeria is the?
- A. SON
- B. NDLEA
- C. NAFDAC
- D. CAC
Resources obtained from the extractive sector that are transformed into finished products are examples of?
- A. primary production
- B. tertiary production
- C. direct production
- D. secondary production
The slogan, a wonderful world, used by a communication network is a form of?
- A. product differentiation
- B. persuasive advertising
- C. publicity
- D. packaging
The three main classification of occupation are?
- A. construction, trade and services
- B. manufacturing, industry and services
- C. farming, banking and trading
- D. industry, commerce and services
The major parties to an agency relationship are the?
- A. principal and the creditor
- B. bailee and the bailor
- C. principal and the agent
- D. shareholder and the creditor
The business organization that can effectively combine management with control is?
- A. private limited liability company
- B. sole proprietorship
- C. public limited liability company
- D. co-operation society
The variety of goods and services which a company offers for sale is its?
- A. place mix
- B. promotion mix
- C. price mix
- D. product mix

