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Home
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Commerce
JAMB 2004
Commerce 2004 JAMB Past Questions
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Introduction to Commerce
Meaning, scope, characteristics and functions of Commerce
History of Commerce
Relationship of Commerce with other areas of production
Importance of Commerce in the economy
Occupations
Meaning and Importance
Types of occupations: Industrial, commercial, direct and indirect services
Factors influencing choice of occupation
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Meaning and types: Primary, secondary, tertiary
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Role of Bureau de Change
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Trade - Home Trade
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Warehousing: Types, functions
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Balance of trade/payment, terms of trade
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Roles of Customs, Excise, Ports Authority
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Terms of trade: Discounts, C.O.D., C.I.F., F.O.B.
Means and terms of payment
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Simple contract
Agency, Sale of Goods Act, Hire Purchase Act
Employer/employee rights
Government regulations
Consumer protection
ICT in Commerce
Computer applications
ICT terms
E-commerce, E-banking, E-business
Business Environment and Social Responsibility
Types of environment
Safe products and pollution
Corporate social responsibility
Nationalisation, Indigenisation and Divestiture
Meaning, aims, advantages, disadvantages
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11
The members of the Niger Basin Commission include?
A.
Guinea, Ghana and Niger Republic
B.
Burkina Faso, Guinea and Nigeria
C.
The Gambia, Benin Republic and Chad
D.
Nigeria, Benin Republic and Chad Republic
E.
Nigeria, the Gambia and Cameroun
View Answer & Discuss
JAMB 2004
12
Business environment refers to all elements that are?
A.
outside an organization but relevant to its operations
B.
inside an organization but irrelevant to its operations
C.
internal to an organization and relevant to its operations
D.
external to an organization but indirectly related to its operations
View Answer & Discuss
JAMB 2004
13
Consumer rights include the right to?
A.
credit
B.
free samples of a product
C.
redress
D.
a shre of profits
View Answer & Discuss
JAMB 2004
14
One important requirement for the membership of the ECOWAS is?
A.
intergrity
B.
independence
C.
landmass
D.
population
View Answer & Discuss
JAMB 2004
15
In Nigeria, the body ensures that its members operate according to their professional ethics is the?
A.
SON
B.
NPF
C.
MAN
D.
NAFDAC
View Answer & Discuss
JAMB 2004
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