Jamb Commerce 2002 Past Questions and Answers

Question 11:

• JAMB 2002

The agency in Nigeria which ensures that products conform to government quality specifications is the?

A. Standards Organization of Nigeria
B. Nigerian Consumers’ Association
C. Manufacturers’ Association of Nigeria
D. Nigerian Chamber of commerce

Question 12:

• JAMB 2002

Awarding scholarships and sponsoring sports by a business organization are example of?

A. Advertising strategy
B. Economic responsibility
C. Marketing strategy
D. Social responsibility

Question 13:

• JAMB 2002

The commercialization of public enterprises is aimed at?

A. Increasing efficiency and making the enterprises self-sufficient
B. Advertising and promoting the goods and services of the enterprises
C. Increased assistance and patronage of the enterprises by the public
D. Selling the goods and services of the enterprises

Question 14:

• JAMB 2002

An author’s exclusive righto his published and unpublished works is known as?

A. Authors right
B. Constitution right
C. Patent right
D. Copyright

Question 15:

• JAMB 2002

Under the endowment policy, the money handed over to the insured at the expiration of the stipulated time or at death is the?

A. Indemnity
B. Surrender value
C. Lump sum benefit
D. Insurance premium