Legal Aspects of Business - Jamb Commerce Past Questions and Answers

Question 121:

• JAMB 2016

A supplier of flour who intends to sign a contract with a baker through post can establish a binding agreement only

A. After the offeror has made an offer
B. When the offeror's letter has reached the offeree
C. When the offeree's letter has been posted
D. After the offeree's letter has been recieved by the offeror

Question 122:

• JAMB 2017

Which of the following legislation aims primarily at the protection of consumers?

A. Law of contract
B. Trade description Act
C. Company's Act
D. Partnership Act

Question 123:

• JAMB 2017

Which of the following legislation aims primarily at the protection of consumers?

A. Law of contract
B. Trade description Act
C. Company's Act
D. Partnership Act

Question 124:

• JAMB 2017

An agreement that is enforceable in law is ________?

A. A contract
B. An offer
C. An acceptance
D. A consideration

Question 125:

• JAMB 2017

The government agency involved in issuing of export licences is _______?

A. Nigeria Export Processing Zone
B. Nigeria Export Promotion council
C. Nigeria Port Authority
D. Customs and Excise Authority