Jamb 2011 Commerce Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
1

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
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2

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
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3

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
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4

The body charged with the responsibility of regulating foods and drugs in Nigeria is the?

  • A. SON
  • B. NDLEA
  • C. NAFDAC
  • D. CAC
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5

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
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6

The slogan, a wonderful world, used by a communication network is a form of?

  • A. product differentiation
  • B. persuasive advertising
  • C. publicity
  • D. packaging
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7

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
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8

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
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9

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
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10

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
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