Jamb Commerce 2008 Past Questions and Answers

Question 41:

• JAMB 2008

The sum of money paid by a policy-holder to an insurer is referred to as?

A. Interest
B. Premium
C. Gross profit
D. Sales revenue

Question 42:

• JAMB 2008

An example of a non-insurable risk is?

A. Burglary
B. Speculation
C. Fire
D. Accident

Question 43:

• JAMB 2008

The coordinating section of the central processing unit that manages the flow of data is the?

A. Arithematic logic unit
B. Control unit
C. Magnetic unit
D. Register

Question 44:

• JAMB 2008

An agreement between two parties which is enforceable by law is a?

A. Promise
B. Warranty
C. Contract
D. Condition

Question 45:

• JAMB 2008

A historical building is a feature of?

A. Cultural tourism
B. Industrial tourism
C. Agricultural tourism
D. Ecological tourism