by Sunday | Dec 11 | Commerce JAMB
A. merchants B. manufacturers C. entrepreneurs D. importers Correct Answer: Option C – entrepreneurs Explanation A chamber of commerce (or board of trade) is a form of business network, for example, a local organization of businesses whose goal is to further the...
by Sunday | Dec 11 | Commerce JAMB
A. recruitment, interview and appointment B. recruitment, selection and placement C. recruitment, test and placement D. recruitment, procurement and appointment Correct Answer: Option B – recruitment, selection and placement Explanation You recruit Select the...
by Sunday | Dec 11 | Commerce JAMB
A. commodity money B. bank money C. paper money D. foreign money Correct Answer: Option A – commodity money Explanation Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects that have value in...
by Sunday | Dec 11 | Commerce JAMB
A. creditors B. debenture shareholders C. preference shareholders D. ordinary shareholder Correct Answer: Option D – ordinary shareholder Explanation Ordinary share capital refers to shares that are issued by a company that allows shareholders voting rights...
by Sunday | Dec 11 | Commerce JAMB
A. indemnity B. caveat emptor C. subrogation D. uberrimae Fidel Correct Answer: Option D – uberrimae Fidel Explanation Uberrima fides (sometimes seen in its genitive form uberrimae fidei) is a Latin phrase meaning “utmost good faith” (literally,...
by Sunday | Dec 11 | Commerce JAMB
A. dot matrix printer B. laser printer C. daisy wheel printer D. thermal printer Correct Answer: Option B – laser printer