Jamb Commerce 2016 Past Questions and Answers

Question 46:

• JAMB 2016

The form of credit sales common to low income groups is

A. Hire purchase
B. Club trading
C. Booking -me -down
D. Credit trading

Question 47:

• JAMB 2016

Petrol voucher is an example of a

A. Bankdraft
B. Legal tender
C. Token money
D. Partial money

Question 48:

• JAMB 2016

One of the major reasons for merger is to

A. Reduce the number of unskilled manpower
B. Increase the number of skilled manpower
C. Prevent liquidation
D. Liberalize the market