Jamb Commerce 2018 Past Questions and Answers

Question 56:

• JAMB 2018

Taking a new product to a particular part of the country to test the reaction of consumers to the product is referred to as?

A. Sales promotion
B. Sampling
C. Merchandising
D. Advertising

Question 57:

• JAMB 2018

when it becomes necessary to liquidate a company, the first step to be taken is the appointment of a?

A. A receiver
B. An auditor
C. An account
D. A liquidator

Question 58:

• JAMB 2018

Transportation, retailing and wholesaling industries rely heavily on?

A. Banking
B. Insurance
C. Manufacturing
D. Railway

Question 59:

• JAMB 2018

Erroneous real arrangement of financial figure such as writing N624 as N264 is called?

A. Ommission
B. Commission
C. Transposition
D. Principle

Question 60:

• JAMB 2018

The business organisation in which shareholders have equal votes is?

A. Sole proprietorship
B. Partnership
C. Cooperative
D. Limited liability company