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Commerce 2025 JAMB Past Questions

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31

Which of the following functions of the wholesaler helps to stabilize prices

 

  • A. Provision of credit
  • B. Advice to retailers
  • C. Warehousing
  • D. Financing
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32

Which of the following does not belong to the group?

 

  • A. Posters
  • B. Free samples
  • C. Hoarding of goods
  • D. Window display
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33

The expert who calculates premium for an insurance company is?

  • A. A broker
  • B. An assessor
  • C. An actuary
  • D. An underwriter
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34

Taxes imposed on locally made goods are known as

 

  • A. ad valorem duties
  • B. excise duties
  • C. import duties
  • D. export drawback
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35

In which of the following organizations are members entitled to one vote, irrespective of the number of shares held?

 

  • A. Partnership
  • B. Co-operative society
  • C. Limited company
  • D. Public corporation
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