Legal Aspects of Business - Jamb Commerce Past Questions and Answers

Question 51:

• JAMB 2000

One of the function of the Niger Basin Commission is to

A. Ensure equal treatment of African nations
B. A. Foster closer co-operation among West African nations
C. A. Map out regulation that will guide all navigation for all West African nations
D. Guarantee freedom of navigation for all West African nations

Question 52:

• JAMB 2001

Use the information below to answer question 40 and 41.
Musa rented a room to adamu for N1,500 and N1,000 part-payment was made. Adamu brought Audu and Jacob his friends to stay in the room.
The two friends later paid balance of N500 to Musa.
Who are the parties to the contract of renting the room?

A. Musa and Jacob
B. Musa and Audu
C. Adamu and Musa
D. Audu and Jacob

Question 53:

• JAMB 2001

Who is the offeree in this contract ?

A. Musa
B. Audu
C. Adamu
D. Jacob

Question 54:

• JAMB 2002

Okeze contracted to sell TV sets to Ojo. Unknown to them, the sets were stolen in transit. This contract may be terminated on the ground of

A. Bankruptcy
B. Frustration
C. Fraudulence
D. Breach of contract

Question 55:

• JAMB 2002

The agency in Nigeria which ensures that products conform to government quality specifications is the?

A. Standards Organization of Nigeria
B. Nigerian Consumers’ Association
C. Manufacturers’ Association of Nigeria
D. Nigerian Chamber of commerce