Jamb Commerce Past Questions and Answers

Question 1281:

• JAMB 2017

Factors considered when setting up a retail business is one of the following _________

A. Capital, experience and trading
B. Experience, term of trade, and trading
C. Capital, trading and term of trade
D. Capital, type of goods and source of supply

Question 1282:

• JAMB 2017

Any activity directed at conveying commodities to buyers is an aspect _________

A. Selling
B. Delivering
C. Advertising
D. Marketing

Question 1283:

• JAMB 2018

The act of selling in a foreign market at a price lower than the cost price is called

A. Dumping
B. Hedging
C. Fair trading
D. Under sale

Question 1284:

• JAMB 2018

The act of selling in a foreign market at a price lower than the cost price is called

A. Dumping
B. Hedging
C. Fair trading
D. Under sale

Question 1285:

• JAMB 2018

Current account holders withdraw money through

A. Credit card
B. Cheque
C. Transfer
D. Withdrawal form