JAMB Commerce Past Questions & Answers - Page 216

1,076.

Service which are of absolute monopoly can can best be proved by

A.

private companies

B.

limited liability companies

C.

public companies

D.

public enterprises

Correct answer is D

No explanation has been provided for this answer.

1,077.

The primary objective of a business organization is to

A.

cater for the neds of its owners

B.

work towards making returns

C.

assist the government to serve the citizens

D.

improve the standard of living of its proprietors

Correct answer is B

No explanation has been provided for this answer.

1,078.

Extractive industries may also be denominated as

A.

direct industries

B.

servicing industries

C.

primary industries

D.

indirect industries

Correct answer is C

No explanation has been provided for this answer.

1,079.

One of the factors which critically determines the choice of occupation is

A.

traning

B.

skills

C.

aptitude

D.

interest

Correct answer is B

No explanation has been provided for this answer.

1,080.

Which of the following contributed least to the evolution of commercial activities in Nigeria?

A.

Development of banks

B.

Development oftransportation

C.

Development of trader's unions

D.

Development of currencies

Correct answer is D

No explanation has been provided for this answer.