Jamb Commerce 2008 Past Questions and Answers

Question 46:

• JAMB 2008

The implied provisions in every sale of goods as contained in the Sales of Goods Act of 1893 are conditions and?

A. Consideration
B. Sureties
C. Warranties
D. Guaranties

Question 47:

• JAMB 2008

When an employee incurs expenses while executing his normal duty, the employer is responsible for his?

A. Safety
B. Family's security
C. Family's welfare
D. à¬demnification

Question 48:

• JAMB 2008

The body charged with divesting government interests in public enterprises is?

A. SON
B. NPC
C. BPE
D. NDE

Question 49:

• JAMB 2008

The practice whereby government relinquishes its ownership interest in a public enterprises is?

A. Commercialization
B. Indegenization
C. Privatization
D. Nationalization

Question 50:

• JAMB 2008

A factor in a business environment which increases the rate of product obsolescence is?

A. Technology
B. Political
C. Legal
D. Economic