Legal Aspects of Business - Jamb Commerce Past Questions and Answers

Question 66:

• JAMB 2004

A transporter who had to sell some perishable goods without the prior authority of the owner becomes an agent by?

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

Question 67:

• JAMB 2004

A common element in all contracts is?

A. Offer
B. Consideration
C. Acceptance
D. Agreement

Question 68:

• JAMB 2004

Organizing trade fairs in Nigeria is the responsibility of?

A. National Directorate of Employment
B. Federal Ministry of Commerce
C. Trade association
D. Chambers of commerce

Question 69:

• JAMB 2005

The Lake Chad Basin Commission was formed in?

A. 1974
B. 1984
C. 1954
D. 1964

Question 70:

• JAMB 2005

The most important right of the employee in discharging his duties to the employer is the right to?

A. Regular emolument
B. Job security
C. Working facilities
D. Annual leave