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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 6:
One of the major determinants of the volume of production is
  • A The market size
  • B The availability of banks
  • C Sex distribution
  • D Government policy
View Answer & Explanation
Question 7:
Mrs Jones who lives in the riverine community of Rivers State makes her living through crabbing and fishing . This type of occupation she is in is
  • A Commercial
  • B Manufacturing
  • C Service
  • D Extractive
View Answer & Explanation
Question 8:
To eliminate middlemen, there should be a retail outlet such as
  • A Producer co-operative
  • B Consumer co-operative
  • C Multiple shop
  • D Departmental store
View Answer & Explanation
Question 9:
The document issued by a port authority for goods deposited is a
  • A Bill of lading
  • B Bill of sight
  • C Consular invoice
  • D Warehouse warrant
View Answer & Explanation
Question 10:
The document submitted to the customs authority when full description of imported goods is not provided is
  • A A bill of sight
  • B An invoice
  • C An indent
  • D A bill of entry
View Answer & Explanation