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Purchase And Sale Of Goods - Commerce Jamb Past Questions and Answers

Commerce Questions And Answers On Purchase And Sale Of Goods
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Commerce Jamb Past Questions


Questions and Answers on Purchase and Sale of Goods

Question 76 :



Booklets containing a range of products, their uses and prices are called

A. Posters
B. Handbill
C. Catalogues
D. Price Journal


Question 77 :



A proforma invoice is not required when ____________

A. Quoting for the supply of good
B. Dealing regularly with a customer
C. Goods are sent on approval
D. Final prices are uncertain


Question 78 :



Hire purchase is advantageous to the seller in that ____________

A. It elevates his living standard
B. People pay instalmentally
C. His turnover will increase
D. It enhances high level of patronage


Question 79 :



The instruments of credit include

A. Billboards and postal stamps
B. Payment vouchers and statement of account
C. Bills of exchange and salary voucher
D. Bills of exchange and promissory notes






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