Jamb Commerce Past Questions and Answers

Question 1286:

• JAMB 2018

One of the major problems of a sole proprietor is sourcing for

A. Funds
B. Labour
C. Raw materials
D. Machineries

Question 1287:

• JAMB 2018

Which of the following is a verbal means of communication

A. Telephone
B. Express mail
C. Business reply services
D. Telex

Question 1288:

• JAMB 2018

Trade fairs in Nigeria are organized by

A. Ministry of commerce and industry
B. Chambers of commerce
C. The federal Government
D. Manufacturer’s Association of Nigeria

Question 1289:

• JAMB 2018

Privatization is

A. Transfer of ownership from individual to government
B. Transfer of ownership from government to stakeholders
C. Transfer of ownership from government to individuals
D. Government taking charge of all businesses

Question 1290:

• JAMB 2018

In the law of contact, a counter offer operates as

A. A contact
B. An acceptance
C. A rejection
D. A rejection