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Commerce 2020 JAMB Past Questions

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36

Which of the following attracts only interest but leaves the capital unpaid?

  • A. uberrimae fidei
  • B. subrogation
  • C. contribution
  • D. redeemable bond
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37

The above chart represents the

  • A. promotion mix relationship
  • B. marketing mix relationship
  • C. advertising mix relationship relationship
  • D. product mix relationship
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38

The main documents sent to an importer of goods by the exporter are

  • A. bill of lading, invoice, insurance policy, consular invoice, certificate of origin and bill of exchange
  • B. indent, bill of lading, certificate of origin, invoice and bill of exchange
  • C. certificate of origin, bill of exchange, invoice, insurance policy, indent and bil of lading
  • D. invoice, consular invoice, certificate of origin, freight note, indent and insurance policy
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39

NACCIMA stands for 

  • A. Nigerian American Centre for Culture, Industries, Mines and Arts
  • B. Nigerian Association for Culture, Civics, Industries, Minerals and arts Arts
  • C. National Agency for Culture, Civilization, Investment, Manufacturing and Agriculture
  • D. Nigeria Association of Chambers of Commerce, Industries, Mines and Agriculture
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40

The strategy adopted by a firm that ceases to operate at one or more locations because of inactivity is

  • A. consolidation
  • B. rejuvenation
  • C. diversification
  • D. focus
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