Legal Aspects of Business - Jamb Commerce Past Questions and Answers

Question 131:

• JAMB 2018

In Nigeria, the ministry in charge of registering trade association is that of

A. Culture and tourism
B. Finance
C. Industries
D. Commerce

Question 132:

• JAMB 2018

Chinyere agreed to make a dress for Halima with September 20, 1995 as the delivery date. If the dress was not ready at that date, Halima could

A. Seize another gown from Chinyere’s shop
B. Regard the contract between them as terminated
C. Sue Chinyere for specific performance
D. Sue Chinyere for damages

Question 133:

• JAMB 2018

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

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

Question 134:

• JAMB 2018

consumer sovereignty means that the consumer is?

A. A citizen
B. Always independent
C. Always wrong
D. Always right

Question 135:

• JAMB 2018

The first known legislation to protect consumer rights in Nigeria is the?

A. Usury laws
B. Sale of goods act
C. Hire purchase act
D. Food and drugs act