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

Question 116:

• JAMB 2008

An aspect of commerce that facilitates the distribution of products is?

A. Transportation
B. Advertising
C. Branding
D. Trading

Question 117:

• JAMB 2008

In order to prevent Liquidity in commercial banks, the central banks uses?

A. Moral suasion
B. Fiscal policy
C. Reserve ratio
D. Taxation

Question 118:

• JAMB 2008

An account maintained with a commercial bank for the purpose of foreign exchange transaction is the?

A. Foreign account
B. International account
C. Domiciliary account
D. Foreign reserves account

Question 119:

• JAMB 2008

A trader who gives credit stands to enjoy?

A. Higher profit
B. Cash discount
C. Increased sles
D. Trade discount

Question 120:

• JAMB 2008

A warehouse which is used to store goods whose customs duty is not yet paid is a?

A. Wholesale warehouse
B. Bonded warehouse
C. Public warehouse
D. Branded warehouse