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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 1:

The function of a merchant wholesaler is to ____________

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A Find markets for producers' finished goods
B Bring buyers and sellers together
C Possess title to the goods, store and sell to retailers
D Buy in bulk, store and sell to retailers as desired

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Question 2:

Departmentalization is an aspect of

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A Directing
B Organizing
C Planning
D Controlling

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Question 3:

Chibuzor agreed to make a dress for Hauwa with september 20, 1995 as a delivery date, if the dress was not ready on that date, Hauwa could

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A Sue chibuzor for specific performance
B Seize another gown from chibuzor's shop
C Regard the contract between then as terminated
D Sue chibuzor for damage

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Question 4:

Which of the following has the power to order the withdrawal of a particular food item from circulation?

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A Federal High Courts in Nigeria
B Standard Organization of Nigeria
C Local Government Health Inspectors
D Food and Drugs Department of the Federal Ministry of Health

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Question 5:

The macro-environmental forces and trends which are a constraint on business operations are referred to as ____________

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A Internal factors
B External factors
C Economic factors
D Technical factors

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