Jamb Commerce 2005 Past Questions and Answers

Question 36:

• JAMB 2005

Which of the middlemen in the channel of distribution has tittle to the goods he distributes?

A. The merchant wholesaler
B. The agent
C. The limited wholersaler
D. The retailer

Question 37:

• JAMB 2005

Which of the following confirms the accuracy of the duty charged on imported goods?

A. An indent
B. Consular invoice
C. Consignment note
D. Shipping note

Question 38:

• JAMB 2005

The association that comprises all types of businesses is referred to as?

A. Chamber of commerce
B. Trust
C. Trade association
D. Cartel

Question 39:

• JAMB 2005

Wholesalers can be divided into?

A. Sales agent and brokers
B. Full service
C. Cooperative wholesale society and limited service wholesalers
D. Merchant wholesales and egent middlemen

Question 40:

• JAMB 2005

In Nigeria, the ministry in charge of registering trade associations is that of?

A. Industries
B. Commerce
C. Culture and tourism
D. Finance