Jamb Commerce 2006 Past Questions and Answers

Question 36:

• JAMB 2006

The members of ECOWAS include?

A. Nigeria, Chad, Gabon and Cape Verde
B. Burkina Faso, Nigeria and Ghana, Algeria
C. Guinea, Mali, Cameroun and Nigeria
D. Togo, Niger, Nigeria and Ghana

Question 37:

• JAMB 2006

A trade association consists of members engaged in the same trade while a chamber of commerce is?

A. Highly regulated by agovernent agency
B. Not restricted on a particular industry
C. Made up of members that are registered
D. Made up of firms in the banking industry

Question 38:

• JAMB 2006

Hire purchase is beneficial to the seller because?

A. It enhances his living standard
B. It increases his turnover
C. People pay instalmentally
D. Of the patronage he enjoys

Question 39:

• JAMB 2006

Consumerism aims at protecting the consumer from?

A. Harmful products
B. Drug addiction
C. Smoking cigarettes
D. Alcohol consumption

Question 40:

• JAMB 2006

The major types of warehouse are?

A. Manufacturer, bonded, departemental and private
B. Bonded, public, coldroom and private
C. Manufacturer, bonded, public and departmental
D. Wholesaler, manufacturer, public and bonded