Jamb Commerce 2004 Past Questions and Answers

Question 6:

• JAMB 2004

Coverage against unexpected events is called?

A. Insurance
B. Assurance
C. Warranty
D. Reinsurance

Question 7:

• JAMB 2004

An insured risk which occurs accidentally as a result of deflects in a ship is?

A. A voyage policy
B. A total loss
C. An emergency
D. A particular average

Question 8:

• JAMB 2004

Communication enhances business activities by?

A. Facilitating interaction between producers and consumers
B. Facilitating interaction among media houses
C. Ensuring the movement of goods from the producer to the consumer
D. Keeping the goods safe untill they are needed

Question 9:

• JAMB 2004

In business, the computer is very important especially in?

A. Financial amnagement
B. Marketing management
C. Educational management
D. Information management

Question 10:

• JAMB 2004

What is the most important use of promotion in marketing?

A. Persuasion
B. Conviction
C. Information
D. Education