Jamb Commerce Past Questions and Answers

Question 1246:

• JAMB 2017

One disadvantages of advertising is that it –

A. Could be misleading
B. Decreases sales
C. Reduces profit
D. Causes over stocking

Question 1247:

• JAMB 2017

Water corporation is an example of ______?

A. Co-operative society
B. Public enterprise
C. Private enterprise
D. Limited company

Question 1248:

• JAMB 2017

The concept that refers to the sale, transfer or exchange of goods and services is

A. Industry
B. Trade
C. Tariff
D. Marketing

Question 1249:

• JAMB 2017

Production ends when goods and services ________

A. Reach the final consumer
B. Are used for manufacturing
C. Are packaged and labelled
D. Are sold to the middlemen

Question 1250:

• JAMB 2017

What is the reward accruable to land?

A. Rent
B. Profits
C. Wages
D. Interest