Jamb 2019 Commerce Past Questions And Answers
1
The factors to be considered in setting up retail trade include all except_____
- A. Capital
- B. Experience
- C. Location
- D. Age
2
One of these is a current asset
- A. Fittings
- B. Machineries
- C. Motor vehicles
- D. stock
3
A responsibility to control environmental pollution is the responsibility of____
- A. The business
- B. The government
- C. The consumer
- D. The employee
4
Services are made up of
- A. visible and invisible
- B. Industry and Commerce
- C. direct and indirect services
- D. Goods and Services
5
Examples of Commercial occupation are all except___________
- A. Bankers
- B. Traders
- C. Insurers
- D. Goldsmith
6
The following development of money have therefore been the use of, except______
- A. Coins
- B. Inconvertible paper money
- C. Commodities
- D. Abacus
7
One of the disadvantages of Sole Proprietorship is__________
- A. It requires small operations
- B. It involves small capital
- C. It lacks specialization
- D. Grants from government
8
The headquarters of Niger Basin Commission is located at________
- A. Abuja
- B. Niamey
- C. Lome
- D. Nojamena
9
A cheque that is payable to whoever presents it is known as______
- A. order cheque
- B. open cheque
- C. crossed cheque
- D. bearer cheque
10
Examples of consumer goods include all except________
- A. Nurse
- B. Cars
- C. Spoon
- D. Shoes

