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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 36:
The focal point of the marketing efforts is the`
  • A Seller
  • B Profit
  • C Product
  • D Buyer
View Answer & Explanation
Question 37:
Adigun displays goods of different makes on shelves in his supermarket. This is an example of
  • A Invitation to treat
  • B Offer to sell
  • C Offer to purchase
  • D Invitation to sell
View Answer & Explanation
Question 38:
The process of bringing a company under exclusive state ownership and control is know as
  • A Nationalization
  • B Commercialization
  • C Indigenization
  • D Privatization
View Answer & Explanation
Question 39:
Q,act as an agent of P, lawfully and reasonably incur the amount of N350 as expenses.If Q comes to P, for payment , this is an instance of P'S duty to
  • A Remunerate Q
  • B Reply Q
  • C Indemnify Q
  • D Settle Q
View Answer & Explanation
Question 40:
In a hire purchase agreement between Argungu Ltd and Maikudi, Argungu Ltd inserted provision that it can enter Maikudi’s premises at any time and remove the hired vehicle for any breach. This provision is
  • A Lawful to both
  • B Unlawful to both
  • C Beneficial to both
  • D Detrimental to both
View Answer & Explanation