Jamb Commerce Past Questions and Answers

Question 111:

• JAMB 2019

The provision of qualified managerial and other skilled personnel for an enterprise is called

A. Directing
B. Controlling
C. Planning
D. Staffing

Question 112:

• 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 113:

• JAMB 2019

The difference between a chamber of commerce and a trade association is that the former

A. Is not restricted to a particular industry
B. Is a branch of trade that sells product
C. Consists of members engaged in the same trade
D. Are association of individuals or firms

Question 114:

• JAMB 2019

Which of these is a document used in International trade?

A. Debit note
B. Credit note
C. Invoice
D. Price ring

Question 115:

• JAMB 2019

All but one is not a barriers to foreign trade

A. Natural Barriers
B. Economic Barriers
C. Social and Language Barriers
D. Trade Fair