Study and practice Commerce past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.
One of the main obstacles of establishing the Niger River Basin Commission was to?
Aembark on a comprehensive survey of the available water resources
Bcarry research for the development of fresh water fisheries
Cdevelop infrastructure to facilitate economic activities
Dpromotes trade among member-state to improve standards of living
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Question 682
jamb2001
One of the obstacles to achieving the objectives of ECOWAS is?
Alack of a common currency
Bcolonial linkages
Csovereignty of states
Dlanguage differences
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Question 683
jamb2001
proper disposal of waste by business firms is one way of discharging their?
Aresponsibility to government
Benvironmental responsibility
Ccommunity responsibility
Dresponsibility to customers
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Question 684
jamb2001
In the line type of organizational structure,
Athe lines of authority are vertical
Bthere is the application of division of labour
Cspecialization is carried to a maximum degree
Dthe lines of authority are horizontal
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Question 685
jamb2001
A function organization structure is where?
Astaff performing the same functions are grouped together
Bdepartment performing similar functions grouped together
Cactivities of similar nature are grouped together
Dstaff performing similar functions are grouped together
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Question 686
jamb2001
Departmentalization is an aspect of?
Aplaning
Borganising
Cdirecting
Dcontrolling
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Question 687
jamb2001
One of the major function of a chamber of commerce is to
Apromotes and protect trade, industry and agriculture
Badvise members on regulations of other countries
Csettle disputes that arise out of trade
Dpublish books and periodical desired by members
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Question 688
jamb2001
One way government reduces the repatriation of capital is through
Anationalization
Bdivestiture
Cindidenization
Dnaturalization
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Question 689
jamb2001
The maximum number of shareholders in a public liability company is?
Atwenty
Bfifty
Cone hundred
Dunlimited
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Question 690
jamb2001
Who is the offeree in this contract ?
AMusa
BAudu
CAdamu
DJacob
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Question 691
jamb2001
Use the information below to answer question 40 and 41.
Musa rented a room to adamu for N1,500 and N1,000 part-payment was made. Adamu brought Audu and Jacob his friends to stay in the room.
The two friends later paid balance of N500 to Musa.
Who are the parties to the contract of renting the room?
AMusa and Jacob
BMusa and Audu
CAdamu and Musa
DAudu and Jacob
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Question 692
jamb2001
Which of these companies offers after-sales services?
Aiv
Biii
Cii
Di
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Question 693
jamb2001
Which of these companies are more engaged in public activities?
Ai and ii
Bi and iii
Cii and iv
Diii and iv
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Question 694
jamb2001
The most effective type of advertising for branded product is?
Adirect advertising
BIndirect advertising
Cinformative advertising
Dcompetitive advertising
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Question 695
jamb2001
The activities aimed at finding out customers' needs and satisfaction can be described as?
Asocial-marketing
Bmacro-marketing
Cmicro-marketing
Dconceptual marketing
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Question 696
jamb2001
One of the main objectives of the Second-tier Securities Market in Nigeria is to
Aachieved a realistic exchange rate for the naira
Beliminate currency dealings in the black market
Cassist companies to raise capital
Dattract investment flow
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Question 697
jamb2001
The main factors that determine the value of a stock on the stock Exchange are dividend and
Athe psychology of the market
Bcapital gain
Ccapital appreciation
Dwarrant payment
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Question 698
jamb2001
The Nigerian Stock Exchange publishes a daily official list that gives full information on the?
Amethod of transation agreed to by members
Bnumber of participating members in a day
Cchanges in the prices and earnings of securities
Dchanges in the official rules set by the market
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Question 699
jamb2001
One major characteristic of credit unions and thrift societies is that?
Athe legal processes involved in their formation are rigid
Bmembership is compulsory to people in the same line of business
Cthe contribution of every member depends on the member's ability
Da minimum of ten people in the same line of business can form the union
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Question 700
jamb2001
The significance of money to modern economic system is that it?
