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Commerce 2011 JAMB Past Questions

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16

The purchase of goods under the CWO system of payment implies that?

  • A. money must be enclosed when ordering
  • B. payment must be made on delivery
  • C. payment must be made within few days
  • D. cash must be paid on the spot
View Answer & Discuss (1) JAMB 2011
17
The most effective nut limited medium of advertising in Nigeria is?
  • A. billboard
  • B. television
  • C. newspaper
  • D. radio
View Answer & Discuss JAMB 2011
18

A cheque that has been drawn but not presented for payment can still be honored?

  • A. within 6 months
  • B. after 9 months
  • C. within 9 months
  • D. after 6 months
View Answer & Discuss JAMB 2011
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19

The major source of income to commercial banks is?

  • A. tourism
  • B. banking
  • C. communication
  • D. transportation
View Answer & Discuss (2) JAMB 2011
20
Mr. Lawal insured his warehouse against burglary but it was later gutted by fire. this implies that?
  • A. the loss should be borne by the insurer
  • B. Mr. Lawal is liable only for half of the estimated loss
  • C. the insurer should make a consolation payment for the loss
  • D. the loss should be borne by Mr. Lawal
View Answer & Discuss JAMB 2011
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts