Jamb Commerce 2023 Past Questions and Answers

Question 41:

• JAMB 2023

A system where customer patronage is sought by producing what they need is referred to as

A. Sales promotion
B. Product promotion
C. Market promotion
D. Market orientation

Question 42:

• JAMB 2023

In law of contract, a counter offer operates as

A. An acceptance
B. A rejection
C. An offer
D. A contract

Question 43:

• JAMB 2023

A demerit of communication is that it

A. Increase the cost of goods in transit
B. Give room for distortion of fact
C. Hinder quick reception of messages over a long distance
D. Makes payment for goods cumbersome

Question 44:

• JAMB 2023

Which of the following regulates and controls the activities in the Nigerian Stock Exchange?

A. CBN
B. BPE
C. SEC
D. NDIC

Question 45:

• JAMB 2023

An agent who has to sell perishable goods without the prior authority of the owner becomes an agent by

A. Estoppel
B. Conduct
C. Necessity
D. Ratification