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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 36:
Which of the middlemen in the channel of distribution has tittle to the goods he distributes?
  • A The merchant wholesaler
  • B The agent
  • C The limited wholersaler
  • D The retailer
View Answer & Explanation
Question 37:
Which of the following confirms the accuracy of the duty charged on imported goods?
  • A An indent
  • B Consular invoice
  • C Consignment note
  • D Shipping note
View Answer & Explanation
Question 38:
The association that comprises all types of businesses is referred to as?
  • A Chamber of commerce
  • B Trust
  • C Trade association
  • D Cartel
View Answer & Explanation
Question 39:
Wholesalers can be divided into?
  • A Sales agent and brokers
  • B Full service
  • C Cooperative wholesale society and limited service wholesalers
  • D Merchant wholesales and egent middlemen
View Answer & Explanation
Question 40:
In Nigeria, the ministry in charge of registering trade associations is that of?
  • A Industries
  • B Commerce
  • C Culture and tourism
  • D Finance
View Answer & Explanation