JAMB CBT Software 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!

Use the information below to answer this question. Aisha sold her wristwatch to Halima for...

Commerce
JAMB 2024

Use the information below to answer this question.
Aisha sold her wristwatch to Halima for #2,000.00 and she paid. The sum of #2,000.00 is the

  • A. entitlement
  • B. consideration
  • C. money
  • D. fees
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Software 2025 - Free Download
JAMB CBT Mobile App 2025 - Free Download
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
Correct Answer: Option B
Explanation

Consideration refers to something of value that is given in exchange for a product, service, or promise. In this case, the # 2,000.00 paid by Halima to Aisha represents the consideration for the purchase of the wristwatch. It is the price or payment that is given by the buyer in exchange for the item being sold.


Report an Error Ask A Question Download App
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Mobile App 2025 - Free Download
JAMB CBT Software 2025 - Free Download
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

Post your Contribution

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

{{ quote.posted_by.display_name }}
{{ settings.form_textarea_description }}
 
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Mobile App 2025 - Free Download
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
JAMB CBT Software 2025 - Free Download
JAMB CBT Software 2025 - Free Download
JAMB CBT Mobile App 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076