Jamb Commerce 2018 Past Questions and Answers

Question 46:

• JAMB 2018

The internet is a system of telecommunication used for

A. The internet is a system of telecommunication used for providing a variety of information and communication facilities,
B. Communicating long distance messages
C. Sending and receiving text messages
D. Communicating messages through telegrams

Question 47:

• JAMB 2018

Goods and services are made available to consumers through

A. The advertising agency
B. Sales promotion
C. The channel of distribution
D. The middle men

Question 48:

• JAMB 2018

What’s the first form an applicant must complete before taking an insurance policy?

A. Cover note
B. Advice note
C. Proposal form
D. Certificate of insurance

Question 49:

• JAMB 2018

What is the difference between current assets and current liabilities?

A. Working capital
B. Nominal capital
C. Capital employed
D. Issued capital

Question 50:

• JAMB 2018

An arrangement by independent firms to share the market of their products on quota basics Is referred to as

A. Cartel
B. Syndicate
C. Trust
D. Integration