Jamb Commerce 2006 Past Questions and Answers

Question 46:

• JAMB 2006

The role of a wholesaler in the channel of distribution is to?

A. Produce goods in large quantities and sell in small quantities
B. Buy goods directly from the manufacturers
C. Buy goods in large quantities and sell in small quantities
D. Sell goods directly to the consumers

Question 47:

• JAMB 2006

Foreign trade also involves?

A. Providing services for other countries
B. Specialization and the exchange of goods in a country
C. Buying and selling within a country
D. The exchange of goods and services between firms

Question 48:

• JAMB 2006

X represents

A. Action
B. Transmission
C. Ideation
D. Receiver

Question 49:

• JAMB 2006

In the communication process. Y represents

A. The encoder
B. The medium
C. The initator
D. Noise

Question 50:

• JAMB 2006

The total sum for financing short term projects is

A. N 40 000
B. N 30 000
C. N 200 000
D. N 70 000