Question 846:

• JAMB 2009

A chain store usually combines the features of?

A. Mulitiple shops and departmental stores
B. Hypermarkets and stalls
C. Multiple shops and hypermarkets
D. Mail order business and multiple stops

Question 847:

• JAMB 2009

One of the functions of the wholesaler is to?

A. Forecast prices
B. Reduce prices of goods
C. Promote sales
D. Analyse sales periodically

Question 848:

• JAMB 2009

An artificial barrier to international trade is?

A. Political unrest
B. Culture of the people
C. Units of measurement
D. Custom duties

Question 849:

• JAMB 2009

The most commonly used commercial documents are?

A. Order notes, debit notes, invoices and quotations
B. Letters of enquiry, consignment notes, receipts and invoices
C. Credit notes, statement of accounts, depatch order and bills
D. Balance sheet, receipts, invoices and manifest

Question 850:

• JAMB 2009

The term free on board means that the price includes?

A. Costs and insurance only
B. Costs and freight only
C. Freight and insurance only
D. Costs, insurance and freight