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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 41:
The first known legislation to protect consumer rights in Nigeria is the
  • A Usury Laws
  • B Hire purchase Act
  • C Sales of Goods Act
  • D Foood and Drugs Act
View Answer & Explanation
Question 42:
The main difference between nationalization and indigenization is in terms of
  • A Shareholding
  • B Profit
  • C Technology
  • D Efficiency
View Answer & Explanation
Question 43:
The primary objectives of a trade association is to
  • A Undertake researchwork on behalf of members
  • B Establish easy link with government
  • C Exchange information and negotiate as a preasure group
  • D Operat as a group against other groups
View Answer & Explanation
Question 44:
A chamber of commerce is an association made up of
  • A Enterpreneurs
  • B Manufacturers
  • C Merchants
  • D Importers
View Answer & Explanation
Question 45:
The composite functions of management are?
  • A Planning, supervising, communicating
  • B Planning, controlling, organising and directing
  • C Coordinating, supervising , staffing and comunicating
  • D Directing, supervising, motivating, and controlling
View Answer & Explanation