Jamb Commerce 2012 Past Questions and Answers

Question 6:

• JAMB 2012

The sales of goods through a medium that accepts money and delivers the items to the customer is

A. An automated teller machine
B. A vending machiine
C. A counting machine
D. A branding machine

Question 7:

• JAMB 2012

The main purpose of branding is to

A. Create identity for a product
B. Make a product look attractive
C. Create product awareness
D. Increase sales volume

Question 8:

• JAMB 2012

The basis for international trade is embedded in the principle of

A. Absolute advantage
B. Globalization
C. Deregulation
D. Comparative advantage

Question 9:

• JAMB 2012

The major problem encountered in international trade is that of

A. Distance
B. Differences in culture
C. Politics
D. Differences in currency

Question 10:

• JAMB 2012

The document a seller uses in dispatching goods to a customer by a carrier is

A. A bill of landing
B. An invoice
C. An advice note
D. A delivery note