Jamb Commerce Past Questions and Answers

Question 641:

• JAMB 2005

The primary objective of consumer protection laws is to ensure that?

A. Consumers derive maximum satisfaction from goods and services
B. Consumers buy goods and services at cheap rates
C. Manufacturers of goods and services provides overcome internal competition
D. Manufacturers of goods and services provides gets optimum profit

Question 642:

• JAMB 2005

The compensation the insured gets depends heavily on the?

A. Economic situation
B. Premium paid
C. Risk suffered
D. Insurer's bouyancy

Question 643:

• JAMB 2005

The computer that functions by taking discrete numbers and performing mathematical calculations is called?

A. Mainframe
B. Digital
C. Hybride
D. Analogue

Question 644:

• JAMB 2005

Commercialization of government corporations brings about an increase in the level of?

A. Money supply in the economy
B. Distrust among business operators
C. Competition among business operators
D. Social responsibility

Question 645:

• JAMB 2005

The difference between personal selling and sales promotion is that while sales promotion includes free gifts and samples, personal selling involves?

A. Distributing instructional posters
B. Face-to-face communication with customers
C. Premium programming for customers
D. Publishing promotional booklets