Jamb Commerce 2000 Past Questions and Answers

Question 41:

• JAMB 2000

The first known legislation to protect consumer rights in Nigeria is the

A. Usury Laws
B. Hire purchase Act
C. Sales of Goods Act
D. Foood and Drugs Act

Question 42:

• JAMB 2000

The main difference between nationalization and indigenization is in terms of

A. Shareholding
B. Profit
C. Technology
D. Efficiency

Question 43:

• JAMB 2000

The primary objectives of a trade association is to

A. Undertake researchwork on behalf of members
B. Establish easy link with government
C. Exchange information and negotiate as a preasure group
D. Operat as a group against other groups

Question 44:

• JAMB 2000

A chamber of commerce is an association made up of

A. Enterpreneurs
B. Manufacturers
C. Merchants
D. Importers

Question 45:

• JAMB 2000

The composite functions of management are?

A. Planning, supervising, communicating
B. Planning, controlling, organising and directing
C. Coordinating, supervising , staffing and comunicating
D. Directing, supervising, motivating, and controlling