2023 - JAMB Commerce Past Questions and Answers - page 5

41

Which of the following is not a veritable source of funds to a public limited liability company?

A
advances and loans from bank
B
internally generated funds
C
government financial grants
D
funds from the sale of shares
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42

An example of a cartel is

A
ECOWAS
B
AU
C
OPEC
D
EU
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43

Which of the following is a verbal means of communication

A
express mail
B
telephone
C
telex
D
business reply services
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44

Insurance against burglary is an example of

A
non-indemnity insurance
B
non-insurable risk
C
indemnity insurance
D
fidelity guarantee insurance
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45

The process of converting a non-profit making organisation to a profit-making business is

A
commercialisation
B
deregulation
C
indigenisation
D
privatisation
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46

Any activity directed at conveying commodities to buyers is an aspect of

A
delivering
B
advertising
C
selling
D
marketing
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47

The Nigerian Stock Exchange consist of

A
primary and secondary -tier market
B
commercial and mortgage market
C
secondary and primary market
D
money and commodities market
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48

One of the major problems of a sole properitor is sourcing for

A
labour
B
machineries
C
raw materials
D
funds
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49

Factors considered when setting up a retail business is one of the following

A
capital, experience and trading
B
experience, term of trade and trading
C
capital, trading and term of trade
D
capital, type of goods and source of supply
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50

The maximum number of shareholders in a public liability company is

A
twenty
B
one hundred
C
fifty
D
unlimited
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