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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 26:

The main aim of selling directly to consumers by manufactures is to

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A Dis courage the activities of middlemen
B Make contacts with comsumers
C Eliminate transportation cost
D Maximize the profit margin

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Question 27:

In foreign trade, document of title is known as

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A Bill of lading
B Bill at sight
C Certifiate of origin
D Declaration form

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Question 28:

Excise duties are paid on goods that are

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A Imported into the country
B Manufactured within the company
C Exported to other clonutries
D Kept in bond warehouses

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Question 29:

Stevedores as a term in foreign trade means men who

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A Inspect goods in ships
B Import goods by ships
C Collect duties in ships
D Load and unload ships

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Question 30:

A close indent is an instrument to an agent to

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A Order goods from a particular manufacturer
B Order goods from any manufacturer
C Sell gods to any firm
D Sell goods to a certain firm

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