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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 46:
JAMB 2006
The role of a wholesaler in the channel of distribution is to?
SchoolNGR Classroom
  • A Produce goods in large quantities and sell in small quantities
  • B Buy goods directly from the manufacturers
  • C Buy goods in large quantities and sell in small quantities
  • D Sell goods directly to the consumers
View Answer & Explanation
Question 47:
JAMB 2006
Foreign trade also involves?
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  • A Providing services for other countries
  • B Specialization and the exchange of goods in a country
  • C Buying and selling within a country
  • D The exchange of goods and services between firms
View Answer & Explanation
Question 48:
JAMB 2006
X represents
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  • A Action
  • B Transmission
  • C Ideation
  • D Receiver
View Answer & Explanation
Question 49:
JAMB 2006
In the communication process. Y represents
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  • A The encoder
  • B The medium
  • C The initator
  • D Noise
View Answer & Explanation
Question 50:
JAMB 2006
The total sum for financing short term projects is
SchoolNGR Classroom
  • A N 40 000
  • B N 30 000
  • C N 200 000
  • D N 70 000
View Answer & Explanation

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