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

Question 6:

• JAMB 2019

A number of shipping lines operating on a certain route, which agree on a common policy regarding the conditions under which goods are to be carried

A. Cartel
B. Conference
C. Syndicate
D. Trust

Question 7:

• JAMB 2019

Use the following information to answer this question.
Oladosu Bookshop
54, Ahmadu Bello Way
Kaduna
P.O.BOOX 336
6 January 1989
Olu Stationery ltd
17, Kakawa Street
Lagos


Dear Sir,
We require 200 pieces of 0.8mm fountain pens and 1000 pieces of plain single line 21cm à— 18cm exercise books.
Please give us quotes for the respective articles for immediate delivery and a statement of your terms of trade.


Yours Faithfully
Manager.
The above represents?

A. A quotation
B. Consignment notes
C. Letters of Inquiry
D. An order form

Question 8:

• JAMB 2019

Use the following information to answer this question.
Oladosu Bookshop
54, Ahmadu Bello Way
Kaduna
P.O.BOOX 336
6 January 1989
Olu Stationery ltd
17, Kakawa Street
Lagos


Dear Sir,
We require 200 pieces of 0.8mm fountain pens and 1000 pieces of plain single line 21cm à— 18cm exercise books.


Please give us quotes for the respective articles for immediate delivery and a statement of your terms of trade.


Yours Faithfully
Manager.


From the question above, the document the firm or organization will send to the buyer is

A. Delivery notes
B. Advice notes
C. An order form
D. Quotations

Question 9:

• JAMB 2019

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

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

Question 10:

• JAMB 1994

A pro forma invoice is NOT required when

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