by Sunday | Dec 10 | Commerce JAMB
A. Bank rate B. Cash reserve ratio C. Open market operation D. Bank credit Correct Answer: Option C – Open market operation Explanation Open market operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or...
by Sunday | Dec 10 | Commerce JAMB
A. It is not flexible B. It carries bulky goods C. It works at intervals D. Cost of transportation is high Correct Answer: Option A – It is not flexible Explanation Disadvantages of rail transportation includes: Lack of Flexibility, Lack of Door to Door Service,...
by Sunday | Dec 10 | Commerce JAMB
A. Sales of shares B. Admission of new partners C. Discharge of mortgage D. Grants from relatives Correct Answer: Option B – Admission of new partners Explanation Partnership: An association of two or more persons engaged in a business enterprise in which the...
by Sunday | Dec 10 | Commerce JAMB
A. Fittings B. Machineries C. Motor vehicles D. stock Correct Answer: Option D – stock Explanation Current assets is a balance sheet item that represents the value of all assets that can reasonably be expected to be converted into cash within one year. Example...
by Sunday | Dec 10 | Commerce JAMB
A. Stabilization of price B. production ahead of demand C. creating scarcity of goods D. storage of goods Correct Answer: Option C – creating scarcity of goods Explanation The function of storage can be carried out successful with the help of warehouses used for...
by Sunday | Dec 10 | Commerce JAMB
A. Tax pad on goods produced within a country B. A physical restriction placed on quantity of goods that can be imported C. Tax paid on goods produced outside a country D. Ban on all imported goods Correct Answer: Option B – A physical restriction placed on...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.