Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

1

Use the above table to answer this question

What insurance principle has Mr P Violated if he decides to overstate the actual value of his property?

  • A. Indemnity
  • B. Insurable interest
  • C. Uberrimae fidei
  • D. Subrogation
View Answer & Discuss JAMB 2013
2

Use the table above to answer this question

If Mr. N takes a fire insurance policy with average clause, his compensation will be

  • A. N 5000
  • B. N 7, 500
  • C. N 70, 000
  • D. N 75, 000
View Answer & Discuss JAMB 2013
3

The difference between indemnity insurance and non-indemnity insurance is that the latter provides

  • A. cover for exporters against risks
  • B. cover for importers against risks
  • C. full payment to the insured
  • D. consolation payment to the insured
View Answer & Discuss JAMB 2013
4

A computer accessory through which information can be retrieved is the

  • A. hard disk
  • B. input device
  • C. control unit
  • D. floppy disk
View Answer & Discuss JAMB 2013
5

The environmental hazard that is most difficult to control is

  • A. land pollution
  • B. water pollution
  • C. air pollution
  • D. political unrest
View Answer & Discuss JAMB 2013
6

A major factor that affects business operations is

  • A. technology
  • B. supply
  • C. product
  • D. rivalry
View Answer & Discuss JAMB 2013
7

A major factor that affects business operations is

  • A. technology
  • B. supply
  • C. product
  • D. rivalry
View Answer & Discuss JAMB 2013
8

To meet security requirements before gaining access to data, a computer operator supplies

  • A. an e-mail address
  • B. a yahoo address
  • C. a password
  • D. a modem
View Answer & Discuss JAMB 2013
9

To meet security requirements before gaining access to data, a computer operator supplies

  • A. an e-mail address
  • B. a yahoo address
  • C. a password
  • D. a modem
View Answer & Discuss JAMB 2013
10

The type of computer software used mainly for management information is

  • A. corel draw
  • B. autocad
  • C. data base
  • D. word perfect
View Answer & Discuss JAMB 2013
11

The type of computer software used mainly for management information is

  • A. corel draw
  • B. autocad
  • C. data base
  • D. word perfect
View Answer & Discuss JAMB 2013
12

The physical component of a computer system is

  • A. software
  • B. hardware
  • C. hard disk
  • D. floppy disk
View Answer & Discuss JAMB 2013
13

The physical component of a computer system is

  • A. software
  • B. hardware
  • C. hard disk
  • D. floppy disk
View Answer & Discuss JAMB 2013
14

The process of transferring data from one computer to another is referred to as

  • A. downloading
  • B. faxing
  • C. browsing
  • D. decoding
View Answer & Discuss JAMB 2013
15

The sole legal right held by the author to publish his book is

  • A. trademark
  • B. copyright
  • C. patent right
  • D. bookmark
View Answer & Discuss JAMB 2013
16

The sole legal right held by the author to publish his book is

  • A. trademark
  • B. copyright
  • C. patent right
  • D. bookmark
View Answer & Discuss JAMB 2013
17

A contract can be terminated through

  • A. physical combat
  • B. family intervention
  • C. frustration
  • D. consultation
View Answer & Discuss JAMB 2013
18

A contract can be terminated through

  • A. physical combat
  • B. family intervention
  • C. frustration
  • D. consultation
View Answer & Discuss JAMB 2013
19

The right to retain possession of goods until the contract price is paid is referred to as

  • A. a promise
  • B. ultra vires
  • C. a breach
  • D. a lien
View Answer & Discuss JAMB 2013
20

The right to retain possession of goods until the contract price is paid is referred to as

  • A. a promise
  • B. ultra vires
  • C. a breach
  • D. a lien
View Answer & Discuss JAMB 2013
21

A motor dealer who agreed to sell a car to Mr X but delivered it to Mr Y on the delivery date agreed with Mr X. He has discharged the contract by

  • A. performance
  • B. frustration
  • C. an agreement
  • D. breach
View Answer & Discuss JAMB 2013