Jamb Commerce Past Questions and Answers

Question 1316:

• JAMB 2018

One of the major disadvantages of pipeline transportation is its

A. High maintenance cost
B. High cost of construction
C. Limitation in scope
D. Vulnerability to climate changes

Question 1317:

• JAMB 2018

The sale of second hand securities is done in which market

A. Building society
B. Cooperative society
C. Stock exchange
D. Capital market

Question 1318:

• JAMB 2018

An organization which focuses on consumers satisfaction is practicing

A. Marketing concepts
B. Selling concepts
C. Consumerism
D. Market segmentation

Question 1319:

• JAMB 2018

Distribution of goods belongs to

A. Construction industry
B. Extractive industry
C. Manufacturing industry
D. Commercial industry

Question 1320:

• JAMB 2018

What do we call agreement between two people enforced by law?

A. Consideration
B. Offer
C. Contract
D. Agreement