by Sunday | Dec 13 | Commerce JAMB
A. seek for bank loan B. issue debentures C. acquire extra shop fittings on credit D. draw less of his profit for personal use Correct Answer: Option D – draw less of his profit for personal use Explanation A sole trader can raise capital for the business by...
by Sunday | Dec 13 | Commerce JAMB
A. production of goods B. transportation of goods C. importation of goods D. repackaging of goods Correct Answer: Option A – production of goods Explanation Warehouses reduce violent fluctuations in prices by storing goods when their supply exceeds demand and by...
by Sunday | Dec 13 | Commerce JAMB
A. proximate cause B. fidelity guarantee C. subrogation D. insurable interest Correct Answer: Option B – fidelity guarantee Explanation Fidelity guarantee: an undertaking to answer for the payment or performance of another person’s debt or obligation in...
by Sunday | Dec 13 | Commerce JAMB
A. postal order B. ordinary letters C. registered letters D. courier services Correct Answer: Option D – courier services Explanation A Courier company is one which delivers messages, packages and mail and is known for their speed, security, tracking service and...
by Sunday | Dec 13 | Commerce JAMB
A. oral and written B. verbal and non-verbal C. e-mail and fax D. traditional and modern media Correct Answer: Option B – verbal and non-verbal Explanation The two main categories of communication styles include verbal and...
by Sunday | Dec 13 | Commerce JAMB
A. radio advertising B. print media advertising C. television advertising D. cinema advertising Correct Answer: Option B – print media advertising Explanation Print media advertising is a form of advertising that uses physically printed media, such as magazines...