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Commerce 2018 JAMB Past Questions

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46

Goods and services are made available to consumers through

  • A. The advertising agency
  • B. Sales promotion
  • C. The channel of distribution
  • D. The middle men
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47

What’s the first form an applicant must complete before taking an insurance policy?

  • A. Cover note
  • B. advice note
  • C. proposal form
  • D. certificate of insurance
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48

What is the difference between current assets and current liabilities?

  • A. Working capital
  • B. nominal capital
  • C. capital employed
  • D. issued capital
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49

An arrangement by independent firms to share the market of their products on quota basics Is referred to as

  • A. Cartel
  • B. Syndicate
  • C. Trust
  • D. Integration
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50

When does production ends?

  • A. When the goods are distributed to the wholesalers
  • B. When the goods reaches the retailer
  • C. When the goods reaches the final consumers
  • D. When the goods are fully packaged
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