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Commerce 1998 JAMB Past Questions

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36
The most essential element of a product is the
  • A. price
  • B. utility
  • C. design
  • D. colour
View Answer & Discuss JAMB 1998
37
Which of the following is a disadvantage of nationalization
  • A. It promotes poor economic planning
  • B. The cost of services is not determined by by market forces
  • C. It may lead to rationalization of resources
  • D. The development of local skills and technologyis retarded
View Answer & Discuss JAMB 1998
38
An example of a consumer protection agency is the?
  • A. Nigeria Bar association
  • B. Nigeria Medical Association
  • C. Ferderal Environmental Protection Agency
  • D. Manufacturers Association of Nigeria
View Answer & Discuss (2) JAMB 1998
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39
The body that organizes, promotes and participates in local and foreign trade fairs is the
  • A. Ministry of Commerce and Tourism
  • B. Ministry of finance
  • C. Chambers of Commerce
  • D. Export Promotion Council
View Answer & Discuss JAMB 1998
40
The Continental West African Conference is a
  • A. group of all West African countries trading in the same products
  • B. conference to foster unity among the West African countries
  • C. gorups of shipping lines operating on the same West African route
  • D. trust with shareholders fromall West African countries
View Answer & Discuss (1) JAMB 1998
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