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JAMB Commerce Past Questions 2019

10 questions from the JAMB 2019 Commerce paper, with answers and explanations. Tap "Show answer" under each one when you are ready.

JAMB 2019Question 1 · Business Organisation and Management
A partnership may be automatically dissolved due to the following factors except________
  1. A.Court verdict
  2. B.Joint decision
  3. C.Admission of new partners
  4. D.Bankruptcy of a partner
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Answer: B. Joint decision

A joint decision to dissolve is a deliberate act, not an automatic dissolution factor.

JAMB 2019Question 2 · Business Organisation and Management
The most important resources of business is_______
  1. A.Human resources
  2. B.Money resources
  3. C.Material resources
  4. D.Opportunities
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Answer: A. Human resources

Human resources are the most important resource of a business.

JAMB 2019Question 3 · Business Organisation and Management
The function of management that establish objectives for the organization and trying to determine the best ways to accomplish them
  1. A.organizing
  2. B.planning
  3. C.directing
  4. D.controlling
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Answer: B. planning

Planning establishes objectives and determines the best way to achieve them.

JAMB 2019Question 4 · Commerce Fundamentals and Occupations
The scope of commerce is limited to________
  1. A.home and foreign trade
  2. B.wholesaler and retail trade
  3. C.trade and aids to trade
  4. D.wholesale and entreport trade
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Answer: C. trade and aids to trade

The scope of commerce is limited to trade and aids to trade.

JAMB 2019Question 5 · Consumer Protection, Warehousing, and Taxation
Tourism involving residents of the given country travelling only within this country is called__________
  1. A.Domestic Tourism
  2. B.Inbound Tourism
  3. C.Outbound Tourism
  4. D.Traveller's Tourism
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Answer: A. Domestic Tourism

Domestic tourism involves residents travelling only within their own country.

JAMB 2019Question 6 · International, Wholesale, and Retail Trade
Which of these is a document used in International trade?
  1. A.Debit note
  2. B.Credit note
  3. C.Invoice
  4. D.Price ring
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Answer: C. Invoice

An invoice is a document used in international trade.

JAMB 2019Question 7 · International, Wholesale, and Retail Trade
An International organisation that influence and fix the price of oil in the International markets is
  1. A.IMF
  2. B.ECOWAS
  3. C.OPEC
  4. D.OAU
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Answer: C. OPEC

OPEC influences and fixes oil prices in international markets.

JAMB 2019Question 8 · Marketing and Advertising
The communication aspect of the marketing mix is
  1. A.Price
  2. B.Promotion
  3. C.Place
  4. D.Product
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Answer: B. Promotion

Promotion is the communication aspect of the marketing mix.

JAMB 2019Question 9 · Money, Banking, and Stock Exchange
The following development of money have therefore been the use of, except______
  1. A.Coins
  2. B.Inconvertible paper money
  3. C.Commodities
  4. D.Abacus
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Answer: D. Abacus

The abacus is a calculating tool, not a historical form of money.

JAMB 2019Question 10 · Office Practice and ICT
A memory that can be read and write and is volatile is known as
  1. A.RAM
  2. B.ROM
  3. C.EPROM
  4. D.EPPROM
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Answer: A. RAM

RAM is volatile memory that can be read and written to.

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