by Sunday | Dec 12 | Commerce JAMB
A. Partnership B. Company C. Joint venture D. Co-operative society Correct Answer: Option C – Joint venture Explanation Option C is correct because joint ventures are established in order to accomplish a specific purpose. The ventures cease to operate once the...
by Sunday | Dec 12 | Commerce JAMB
A. State counsels B. Civil servants C. Police D. Family doctor Correct Answer: Option D – Family doctor Explanation Option D is the correct answer because a family doctor is rendering a private service to the family and paid for by the family. Options A, B and C...
by Sunday | Dec 12 | Commerce JAMB
A. Contractual agreement for the sale of goods B. Document specifying quantity, description, prices and total value of the purchase. C. Receipt containing necessary information about the goods. D. Letter specifying the contractual sales of goods between two parties...
by Sunday | Dec 12 | Commerce JAMB
A. Not yet been issued B. Been applied for but not issued C. Not been paid-up D. Been issued but have not been paid-up Correct Answer: Option A – Not yet been issued Explanation Of the 100 million shares, 50 million has been issued and fully-paid, this means...
by Sunday | Dec 12 | Commerce JAMB
A. A closed indent B. A consular invoice C. A freight note D. An open indent Correct Answer: Option D – An open indent Explanation Indent is a document which allows the importer to order goods from the exporter through his agent. An open indent gives the agent a...