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Question 2 Commerce (2018) | JAMB/UTME (2018)
A
backwardation  
B
Franco  
C
arbitrage  
D
contango 
Explanation.
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Correct Option:
A
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Question 3 Commerce (2018) | JAMB/UTME (2018)
A
issued capital  
B
subscribed capital  
C
called-up capital  
D
authorized capital 
Explanation.
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Correct Option:
C
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Question 4 Commerce (2018) | JAMB/UTME (2018)
A
advance  
B
over draft  
C
commission  
D
interest 
Explanation.
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Correct Option:
B
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Question 5 Commerce (2018) | JAMB/UTME (2018)
A
the rule of the law  
B
its acceptability in the global market  
C
the legal backing  
D
the Central Bank Governor's signature 
Explanation.
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Correct Option:
C
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Question 6 Commerce (2018) | JAMB/UTME (2018)
A
Ministry of commerce and industry  
B
chambers of commerce  
C
The federal Government  
D
Manufacturer's Association of Nigeria 
Explanation.
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Correct Option:
B
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Question 7 Commerce (2018) | JAMB/UTME (2018)
A
the advertising agency  
B
sales promotion  
C
the channel of distribution  
D
the middle men 
Explanation.
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Correct Option:
C
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Question 8 Commerce (2018) | JAMB/UTME (2018)
A
marketing concept  
B
selling concept  
C
consumerism  
D
market segmentation 
Explanation.
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Correct Option:
A
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Question 9 Commerce (2018) | JAMB/UTME (2018)
A
high maintenance cost  
B
high cost of construction  
C
Limitation in scope  
D
vulnerability to climate changes 
Explanation.
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Correct Option:
C
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Question 10 Commerce (2018) | JAMB/UTME (2018)
A
co-operation society  
B
public limited liability company  
C
private limited liability company  
D
sole proprietorship 
Explanation.
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Correct Option:
C
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