Legal Aspects of Business - Jamb Commerce Past Questions and Answers

Question 116:

• JAMB 2015

The agency in Nigeria which ensure that products conform to government quality specification is the

A. Nigerian consumers’ association
B. Manufacturers' Association of Nigeria
C. Standard Organization of Nigeria
D. Nigerian Chamber of commerce

Question 117:

• JAMB 2015

The implied provisions in every sale of goods as contained in the sale of goods act of 1893 are conditions and

A. Guaranties
B. Warranties
C. Sureties
D. Consideration

Question 118:

• JAMB 2015

The body regulating the sale and purchase of shares in Nigeria is the

A. Corporate affair commission
B. Securities and exchange commission
C. Securities and exchange tribunal
D. Nigerian stock exchange

Question 119:

• JAMB 2015

An agent who takes title to goods and has authority to buy and sell on behalf of another is

A. A jobber
B. A broker
C. A factor
D. An auctioneer

Question 120:

• JAMB 2016

One of the duties of the employer to his employee is to

A. Delegate his duties to others staff
B. Charge the employee on the use of equipment
C. Serve faithfully and honestly
D. Provide job security