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Post UTME Past Questions Agent
496
The necessary documents used in foreign trade are?
  • A. bill of lading, invoice and letter of inqiry
  • B. indent, bill of exchange, bill of lading and voice
  • C. voice, shipping note, bill of lading and freight note
  • D. shipping note, certificate of origin and visible exports
View Answer & Discuss (2) JAMB 2005
497
A cheque drawn by a bank official on the bank's deposits in another bank on a customer's instruction is known as?
  • A. promissary note
  • B. bankdraft
  • C. banker's order
  • D. travellers' cheque
View Answer & Discuss JAMB 2005
498
A type of credit offered by both commercial and merchant banks in Nigeria is?
  • A. trade credit
  • B. line of credit
  • C. discounting facility
  • D. overdraft
View Answer & Discuss JAMB 2005
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499
A major function of a chamber of commerce is?
  • A. increaseing productivity
  • B. promoting both home and foreign trade
  • C. promoting trade in a particular line
  • D. maximizing profit
View Answer & Discuss JAMB 2005
500
Which of the middlemen in the channel of distribution has tittle to the goods he distributes?
  • A. The merchant wholesaler
  • B. The agent
  • C. The limited wholersaler
  • D. The retailer
View Answer & Discuss JAMB 2005
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts