JAMB Commerce Past Questions & Answers - Page 168

836.

The founders ‘share are usually referred to as deferred shares because the holders?

A.

are entitled to cumulative dividends

B.

receive their dividends after other shareholders

C.

receive their diviends before shareholders

D.

are not entitled to any dividends

Correct answer is B

No explanation has been provided for this answer.

837.

An advantage of hire purchase to the consumer is the?

A.

economies of scale in production

B.

possession of goods before payment

C.

increase in turnover and profit

D.

low interest rate chargeable

Correct answer is B

No explanation has been provided for this answer.

838.

Which of the following is an determines the quality of goods and that a retailer sells?

A.

the mode of contract of sales

B.

the type of manufacturer

C.

the regulations regarding sales in the area

D.

the location of his shop

Correct answer is B

No explanation has been provided for this answer.

839.

Which of the following is an example of trade associations?

A.

European Union

B.

National Marketing Board

C.

Organization of African Unity

D.

National Farmers' Council

Correct answer is B

No explanation has been provided for this answer.

840.

A group of companies is a collection of?

A.

subsidiaries and their holding company

B.

firms

C.

associates and their holding company

D.

industries

Correct answer is A

No explanation has been provided for this answer.