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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 46:

International trade takes place as a result of?

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A Uniformity in costs of production
B Inequitable distribution of natural resources
C Parity in the level of industrialization
D Similarities in climate conditions

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Question 47:

The use of vending machines in retailing is hindered in a developing economy owing to?

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A Poor distribution network
B Low level of education
C Inffective communication system
D Lack os steady power supply

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Question 48:

Manufacturers' Association of Nigeria contributes to development by advising the government on?

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A Industrial policy and harmony
B Budget and budgetary control
C Budget and industrial control
D Environmental protection policy

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Question 49:

Discounts offered by firms to middlemen for bulk purchases are?

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A Trade discounts
B Sales bonanza
C Cash discounts
D Seasonal discount

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Question 50:

Goods are of merchantable quality if they?

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A Conform to description
B Are of equal weight
C Are of the same quality
D Conform to buyers' purpose

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