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Commerce Past Questions

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3236

One of the principles of insurance is

  • A. Proximate cause
  • B. Fidelity guarantee
  • C. Consequential loss
  • D. Surrender value
View Answer & Discuss JAMB 2018
3237

When does the buyer in a hire purchase becomes the owner of the goods?

  • A. When all installments have been fully paid
  • B. After payment of the first installment
  • C. Before the payment of the first installment
  • D. When half of the purchased price has been paid
View Answer & Discuss JAMB 2018
3238

Why will a cheque be dishonored?

  • A. Regular signature
  • B. high amount of money written on the cheque
  • C. insufficient funds
  • D. general crossing
View Answer & Discuss JAMB 2018
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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3239

The elements in marketing mix that ensures goods are available when and where needed is

  • A. Promotion
  • B. price
  • C. product
  • D. place
View Answer & Discuss (1) JAMB 2018
3240

Balance of payment consist of ----------- and ---------- items

  • A. Credit and loss
  • B. visible and non-visible
  • C. valid and invalid
  • D. income and expenditure
View Answer & Discuss (3) JAMB 2018
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now