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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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456
Fluctuations in the supply of goods may be eliminated if the distribution system maintains?
  • A. modern technology
  • B. a team of retailers
  • C. warehouse services
  • D. sufficient middlemen
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457
Loan schemes by thrift societies are?
  • A. mortage schemes
  • B. conventional schemes
  • C. mutual schemes
  • D. unconventional schemes
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458
An internal demand for goods to be purchased or drawn from stock is?
  • A. a quoation
  • B. a requisition
  • C. a tender
  • D. an order
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459
The term 4 net 7 on an invoice means that?
  • A. 4% surcharge will be made unless payment iss made within seven days
  • B. 4% discount will be allowed on the price charged only if the goods are bought within seven days
  • C. 4% discount will be allowed on the price charged only if payment is made after seven days
  • D. 4% discount will be allowed on the price charge if payment is made within seven days
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460
An order sent by an importer to an overseas supplier stating the details of goods required is known as?
  • A. export invoice
  • B. ship's manifest
  • C. an indent
  • D. bill of lading
View Answer & Discuss JAMB 2004
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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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