Aids-to-trade - Jamb Commerce Past Questions and Answers

Question 76:

• JAMB 2004

Non-insurable risk include?

A. Gambling
B. Damage to property
C. Death
D. Marine problems

Question 77:

• JAMB 2004

Coverage against unexpected events is called?

A. Insurance
B. Assurance
C. Warranty
D. Reinsurance

Question 78:

• JAMB 2004

An insured risk which occurs accidentally as a result of deflects in a ship is?

A. A voyage policy
B. A total loss
C. An emergency
D. A particular average

Question 79:

• JAMB 2004

Communication enhances business activities by?

A. Facilitating interaction between producers and consumers
B. Facilitating interaction among media houses
C. Ensuring the movement of goods from the producer to the consumer
D. Keeping the goods safe untill they are needed

Question 80:

• JAMB 2004

Charges for loans paid by commercial banks to the Central Bank of Nigeria are called?

A. Bank rates
B. Credits charges
C. Interest rates
D. Bank charges