Home ยป Past Questions ยป Commerce ยป Jamb ยป 2015 ยป Page 3
43

In a typical manufacturing enterprises, the line function is performed by the

  • A. Public relations department
  • B. Marketing Department
  • C. Estate or Properties Department
  • D. legal Department.
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44

A machine which enables sales without the physical presence of sales attendant is a

  • A. Telex Machine
  • B. Fax Machine
  • C. Vending Machine
  • D. Computer machine
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45

Inbound tourism occurs when

  • A. non-resident s of a country travel within it.
  • B. non- resident of a country travel to other countries
  • C. resident of a country travel within it
  • D. Residents of a country travel to other countries.
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46

Inbound tourism occurs when

  • A. non-resident s of a country travel within it.
  • B. non- resident of a country travel to other countries
  • C. resident of a country travel within it
  • D. Residents of a country travel to other countries.
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47

Second-tier securities market differs from the first-tier securities market in that the former is

  • A. highly restricted
  • B. Regulated by SEC
  • C. Regulated by NIPC
  • D. less restricted.
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48

Second-tier securities market differs from the first-tier securities market in that the former is

  • A. highly restricted
  • B. Regulated by SEC
  • C. Regulated by NIPC
  • D. less restricted.
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49

The business organization established mainly for the purpose of carrying out specific assignment for a specific duration is a

  • A. Partnership
  • B. Company
  • C. Joint venture
  • D. Co-operative society
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50

The business organization established mainly for the purpose of carrying out specific assignment for a specific duration is a

  • A. Partnership
  • B. Company
  • C. Joint venture
  • D. Co-operative society
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51

A direct service is rendered by

  • A. State counsels
  • B. Civil servants
  • C. Police
  • D. Family doctor
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52

Which of the following best describes an invoice?

  • A. Contractual agreement for the sale of goods
  • B. Document specifying quantity, description, prices and total value of purchase .
  • C. Receipt containing necessary information about the goods.
  • D. Letter specifying the contractual sales of goods between two parties
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53

Company has an authorized capital of 100millon shares at N1 per share, out of which 50 million shares have been issued and fully paid-up, the remaining 50 million shares have?

  • A. Not yet been issued
  • B. Been applied for but not issued
  • C. Not been paid-up
  • D. Been issued but have not been paid-up
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54

The document that gives an importer freehand to obtain goods form any manufacturer is

  • A. A closed indent
  • B. A consular invoice
  • C. A freight note
  • D. An open indent
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55

The document that gives an importer freehand to obtain goods form any manufacturer is

  • A. A closed indent
  • B. A consular invoice
  • C. A freight note
  • D. An open indent
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56

The effective and efficient delivery of the desired satisfaction by a firm is said to be the practice of

  • A. Product concept
  • B. Marketing concept
  • C. Distribution concept
  • D. Price concept
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57

The effective and efficient delivery of the desired satisfaction by a firm is said to be the practice of

  • A. Product concept
  • B. Marketing concept
  • C. Distribution concept
  • D. Price concept
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58

Communication enhances business activities by

  • A. facilitating interaction between producers
  • B. Facilitating interaction among media houses
  • C. ensuring the movement of good forms the producer to the consumer
  • D. keeping the goods safe until they and needed
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59

Communication enhances business activities by

  • A. facilitating interaction between producers
  • B. Facilitating interaction among media houses
  • C. ensuring the movement of good forms the producer to the consumer
  • D. keeping the goods safe until they and needed
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60

The implied provisions in every sale of goods as contained in the sale of goods act of 1893 are conditions and

  • A. Guaranties
  • B. Warranties
  • C. Sureties
  • D. Consideration
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61

The internet is a system of telecommunication used for

  • A. Sending electronic message
  • B. Communicating messages through telegrams
  • C. Communicating long-distance
  • D. Sending and renewing text message
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62

The internet is a system of telecommunication used for

  • A. Sending electronic message
  • B. Communicating messages through telegrams
  • C. Communicating long-distance
  • D. Sending and renewing text message
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63

The computer using linear integrated circuit technology complied with quantification of data in term of length and distance is

  • A. Main frame Computer
  • B. Digital Computer
  • C. Analogue Computer
  • D. Hybrid Computer
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