💻 JAMB CBT PRACTICE (COMMERCE)

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💻 JAMB CBT PRACTICE (COMMERCE)

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1) A cheque that has been drawn but not presented for payment can still be honored?

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2) At the collapse of a business enterprises, the person appointed to dispose off the assets is called

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3)

An individual that links the producer with the retailer is

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4) A document that indicates obligation that is transferable by delivery and endorsement is a?

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5) The government agency involved in issuing of export licences is___

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6) An agent who has to sell perishable goods without the prior authority of the owner becomes an agent by

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7) The fees charged on postal order by the post office is___

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8) Marketing differs from selling in that,the latter only creates___

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9)

The production of goods and services in anticipation of demand is made possible by ___

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10) The act of selling in a foreign market at a price lower than the cost price is called___

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11) Fluctuations in the supply of goods may be eliminated if the distribution system maintains?

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12) A business organization that exploits the capabilities of a member to remedy the weakness of another is a___

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13) The concept that refers to the sale, transfer or exchange of goods and services is

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14) An announcement of a person\'s willingness to enter into a contract is referred to as___

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15) The maximum number of shareholders in a public liability company is___

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16) Which of the following is a verbal means of communication

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17) The unit through which result of a processed data are displayed is the?

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18) Current account holders withdraw money through

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19) Parts payments made on alloted shares by subscribers is usually the____

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20) The stock exchange is a market where___

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21) The rate where a country\'s exports exchange for its imports is called___

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22) In a hire purchase agreement between Argungu Ltd and Maikudi, Argungu Ltd inserted provision that it can enter Maikudi’s premises at any time and remove the hired vehicle for any breach. This provision is___

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23) The process of converting a non-profit making organisation to a profit-making business is ________?

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24) Service which are of absolute monopoly can can best be proved by___

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25)

The process of dividing tasks into jobs and departments and delegating authority is known as

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26) The type of letters that are delivered through the normal mail or by airmail express service is referred to as

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27) The board of directors of public enterprise is appointed by who?

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28) The activity of buying goods in bulk and selling in small quantities to retailers is known as ___

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29) Which of the following is an item in the marketing mix?

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30) A bill of exchange already accepted can be discounted by the holder in____

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31) The major participants in the stock market when stock prices are rising generally are the?

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32) An example of a cartel is___

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33) One of the major problems of a sole properitor is sourcing for____

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34) Land as a factor of production does not vary in__

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35) A worker who process rice is engaged in?

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