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Spot market goods are those which are available for

Commerce
JAMB 1995

Spot market goods are those which are available for

  • A. immidiate delivery
  • B. short-term delivery
  • C. long-term delivery
  • D. end of the delivery
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Correct Answer: Option A
Explanation

Spot market goods refer to goods that are physically available and can be bought and sold for immediate delivery and payment.

The term "spot" means "on the spot" — right now, not in the future.

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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now