Free 30+ Likely/Possible JAMB 2018 Commerce Questions and Answers for March 2018 JAMB Likely Commerce Questions and Answers for revision purposes.1 :- Alpha Limited manufacturers consumes goods. It prepares a document to accompany the goods to be exported . The document prepared by alpha limited ISCORRECT ANSWER = A certificate of origin2 :- Granting credit facilities t consumers is a function ofCORRECT ANSWER = A retailer3 :- One of the sources of capital for a sole proprietor isCORRECT ANSWER = Trade credit4 :- The warehouse owned by individuals for repackaging of goods isCORRECT ANSWER = Wholesale warehouse5 :- One of the major concerns of commercial activities is toCORRECT ANSWER =Improves people standard of living6 :- In order to increase sales, an ancillary to trade that can be used to stimulate demand isCORRECT ANSWER = Advertising7 :- When a business firms embark on advertorials that reveal the feature of its product, it has rendered itCORRECT ANSWER = Social responsibility8 :- The total assets of a business can be calculated asCORRECT ANSWER = Fixed asset plus current assest9 :- An account in which money is saved for a specified period of time to earn an interest is reffered to asCORRECT ANSWER =Deposit account10 :- The document that indicates a contract of carriage of goods between an exporter and the shipping company is aCORRECT ANSWER = Bill of lading11 :- Commerce came into being as a result ofCORRECT ANSWER = Society needs and wants12 :- Which of the following is often referred to as an artificial person in lawCORRECT ANSWER = Limited liability company13 :- The ROM differs from RAM in that the formerCORRECT ANSWER = Has wider storage capacity14 :- The means of posting large numbers of mails in a big firm is through the use ofCORRECT ANSWER = Franking machines15 :- The responsibility of influencing legislation and promoting commercial activities are the concern ofCORRECT ANSWER = chambers of commerce16 :- Which of the following has the value of money and commodityCORRECT ANSWER = Gold17 :- If a tanker already loaded a got burnt in transit, the contract has been discharged byCORRECT ANSWER = Frustration18 :- The services rendered by a housemaid is an example ofCORRECT ANSWER = Direct service19 :- Which of the following encourages international division of labourCORRECT ANSWER = Multilateral trade20 :- The main storage device for personal computer is theCORRECT ANSWER = Hard Disk drive21 :- A document sent to a company goods in transit is referred to asCORRECT ANSWER = Certificate of insurance22 :- A place where investors meet to buy and sell existing securities is calledCORRECT ANSWER = A stock market23 :- The average stock isCORRECT ANSWER = N45024 :- A retail device that automatically dispense products when money is inserted in t0 is aCORRECT ANSWER = Vending machine25 :- The quality of money that enables it to stand the test of time isCORRECT ANSWER = durability26 :- An important consideration in life of a product is theCORRECT ANSWER = Pricing of the product27 :- The factors that influences the achievement of organisational goals areCORRECT ANSWER = Internal and external28 :- In order to achieve a set of objective, coordination of all factors is done byCORRECT ANSWER = An entrepreneur29 :- The function of money used to ascertain the worth of goods and services isCORRECT ANSWER = Measure of value30 :- The merit of money as a medium of exchange is that it CORRECT ANSWER = Facilitate differed payment31 :- An example of concentration segmentation strategy is when a firm producesCORRECT ANSWER = Shoes and clothing32 :- What is the cost of goods soldCORRECT ANSWER = N370033 :- One of the roles of advertising in business is toCORRECT ANSWER = Regulates the volume of production34 :- Displaying goods and demonstrating its use ia a commercial activity classified asCORRECT ANSWER = sales promotion35 :- If Michael and CBC commercial Bank are legally bound to carry out their obligation. The contract is said to beCORRECT ANSWER = Valid36 :- Messenger, cleaner and gardener are examples of CORRECT ANSWER = Unskilled labour37 :- Trading certificate permits a company toCORRECT ANSWER = Commence business activities38 :- The mining of gold by a firm is an example ofCORRECT ANSWER = Primary production39 :- Which of the following means of transporting chemicals?CORRECT ANSWER = Pipeline40 :- Customs duty is imposed when Trending: How to Login JAMB Support Centre, Get Solutions to all Problems CORRECT ANSWER = the goods from another country are coming into Nigeria Related Posts JAMB 2018 Use of English Questions: 80+ Likely/Possible JAMB 2018 Questions in March JAMB 2018 Biology Question: 40 Likely/Possible JAMB 2018 CBT Questions in March Award of HND Certificate Scrapped, Polytechnics to become Campuses of Proximate Universities. 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Also share this information with friends if you think it was helpful and LIKE my Facebook Page. MIXTAPE || HIGHLIGHTS || COMEDY || CELEB GIST || EDUCATION || GOSPEL || Android Games ||Trending: How to Login JAMB Support Centre, Get Solutions to all Problems Free 30+ Likely/Possible JAMB 2018 Commerce Questions and Answers for MarchRate this post Updated: June 15, 2018Tags: Latest news on JAMB 2018/19 Admission Cut off Mark (UTME and DE)◀ Tertiary Institutions Selling 2018/19 Screening Form (Pre-Degree, Part-Time, JUPEB)Updated Price for USED Phones and Tablets in Nigeria Jan. 2018 ▶Leave a Reply Cancel replyYour email address will not be published.CommentName Email Please enter an answer in digits:sixteen + 11 = Notify me of follow-up comments by email. Notify me of new posts by email.