Jamb Commerce Past Questions and Answers

Question 736:

• JAMB 2007

Consumers require protection against exploitation to ensure?

A. Adequate consumer awareness
B. Availability of products variety
C. The sale of quality products
D. Increased aggregate demand

Question 737:

• JAMB 2007

The business environment that takes into cognizance the age distribution, ethnic mix and educational level of the consumer is?

A. Demographic evironment
B. Economic evironment
C. Cultural environment
D. Natural environment

Question 738:

• JAMB 2007

An agent who takes tittle to goods and has authority to buy and sell on behalf of another is?

A. A jobber
B. A broker
C. A factor
D. An auctioneer

Question 739:

• JAMB 2007

Citizens are against privatization mainly because of?

A. The rationalization of organizations
B. Increased prices of goods and services
C. The likelihood of monopoly
D. Ineffective management

Question 740:

• JAMB 2007

The major achievement of ECOWAS is?

A. The expansion of regional trade
B. The emergance of a monetary union
C. Infrastructural development in member countries
D. Mobility of labour among member countries