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Commerce Past Questions

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761

One of the functions of a retailer is the?

  • A. financing of production activities
  • B. provision of credit facilities to relations
  • C. provision of jobs for customers
  • D. breaking of bulk
View Answer & Discuss (2) JAMB 2011
762

The main frame of selling directly to the consumers by manufacturers is to?

  • A. reduce transportation cost
  • B. make contact with individual consumers
  • C. discourage the activities of middlemen
  • D. maximize profit margin
View Answer & Discuss JAMB 2011
763

Balance of payment problems arise if a country's?

  • A. exports is more than imports
  • B. imports is more than exports
  • C. currency devaluation
  • D. invisible exports is more than visible exports
View Answer & Discuss JAMB 2011
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764

The three components of a country's balance of payments are?

  • A. current account, capital account and monetary movement account
  • B. capital account, trade account and business record
  • C. sales account, profit and loss account and capital account
  • D. monetary movement account, trade account and sales ledger
View Answer & Discuss JAMB 2011
765
A document that indicates obligation that is transferable by delivery and endorsement is a?
  • A. bill of lading
  • B. bill of exchange
  • C. documentary evidence
  • D. negotiable instrument
View Answer & Discuss (1) 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