Finally, you came to the right place. Congrats! So you are through with your O’Level and it’s time for you to secure admission into tertiary institution? Well, you already know that you need to pass the Joint Admissions and Matriculation Board (JAMB) examination to make this dream a reality. I’m confident that you need the complete Commerce JAMB past questions and answers PDF? Worry no more because we at PROJECTS.ng have compiled all the best JAMB past questions and answers on Commerce that will help you prepare for your JAMB examination. Continue reading to learn how to download the complete Commerce JAMB past questions and answers PDF FREE and Premium versions instantly. Believe me, it’s pretty straightforward.
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Inside this Commerce JAMB past questions and answers PDF are several years of Commerce JAMB examination past questions and answers including the most recent JAMB examinations because we update it every year. You will be happy to get this and start getting prepared right away. You sure need to pass this exam, and believe me, you will.
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Downloading the Commerce JAMB past questions and answers PDF on PROJECTS.ng is pretty straightforward. Please see the end of this page to learn how to download it.
Note: The main purpose of this past question and answer is to reveal to you the nature and scope of the JAMB examination as well as help you gain confidence before the examination. We at PROJECTS.ng, cannot categorically tell you that the actual questions for the examination will come from this Commerce JAMB past questions and answers PDF. Nevertheless, we are confident that you will be on the fly after preparing your memory with this resource here.
Below is some part of the contents of the Commerce JAMB past questions and answers PDF FREE.
1. Commerce is defined as the study of how
A. man utilizes the resources in his physical environment
B. man produces, distributes and consumes his goods and services
C. man buys, sells and distributes goods and services
D. rawmaterials are changed into finished goods.
2. The type of activity which turns processed raw materials into consumer and industrial goods is described as
3. The production process that combines two or more raw materials into one end product is
4. A demonstration of social responsibility by a business is the payment of
A. taxes to government
B. dividends to shareholders
C. interest on loans
D. premium for insurance.
5. Adistinguishing characteristic of a limited liability company is that it
A. is a collection of many sole proprietors
B. is a multiple partnership
C. can sue and be sued
D. has limited resources.
6. Which of the following takes place when firms producing at different stages in the same industry combine?
B. Vertical integration
C. Horizontal integration
7. Which of the following groups is paid first when a firm liquidates?
A. Perference shareholders.
B. Debenture holders
C. Ordinary shareholders.
D. Cummulative preference shareholders.
8. Compulsory dissolution of a business can arise from
A. an agreement by the owners
B. a declaration by a court of law
C. the termination of its life
D. an unfavourable economic climate.
See also: JAMB Past Questions and Answers for other subjects.