Purchase and Sale of Goods - Jamb Commerce Past Questions and Answers

Question 76:

• JAMB 2019

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

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

Question 77:

• JAMB 2021

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:

• JAMB 2021

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:

• JAMB 2021

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