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

Question 6:

• JAMB 2019

The risks that can be forecast and measured is termed___________

A. Gambling
B. Insurable risks
C. Non-Insurable risks
D. Indenmity Insurance

Question 7:

• JAMB 2019

The type of insurance policy that is compulsory in International trade so that all goods passing through the sea must be covered is considered to be________

A. The type of insurance policy that is compulsory in International trade so that all goods passing through the sea must be covered is considered to be
B. Aviation Insurance
C. Marine Insurance
D. Life Assurance

Question 8:

• JAMB 2019

A commission charged on postal order is__________

A. Postal zero
B. Postal orders
C. Poundage
D. Brokage

Question 9:

• JAMB 2019

A cheque that is payable to whoever presents it is known as______

A. Order cheque
B. Open cheque
C. Crossed cheque
D. Bearer cheque

Question 10:

• JAMB 2019

A two-way process which involves sending and receiving of messages is referred to as__________

A. Advertisement
B. Communication
C. Marketing
D. Transportation