Jamb Commerce Past Questions and Answers

Question 1401:

• JAMB 2019

A terms of payment in which the buyer pays cash immediately for goods bought before he takes them away is called____

A. Prompt cash
B. Cash on delivery
C. Spot cash
D. Cash with order

Question 1402:

• JAMB 2019

A cheque that is payable to whoever presents it is known as______

A. Order cheque
B. Open cheque
C. Crossed cheque
D. Bearer cheque

Question 1403:

• JAMB 2019

A two-way process which involves sending and receiving of messages is referred to as__________

A. Advertisement
B. Communication
C. Marketing
D. Transportation

Question 1404:

• JAMB 2019

The scope of commerce is limited to________

A. Home and foreign trade
B. Wholesaler and retail trade
C. Trade and aids to trade
D. Wholesale and entreport trade

Question 1405:

• JAMB 2019

All but one is not a demerit of advertising?

A. It leads to monopoly
B. Buyers can buy unnecessarily
C. Increase in profit
D. High cost