Jamb Commerce Past Questions and Answers

Question 1466:

• JAMB 2021

Hire purchase is advantageous to the seller in that ____________

A. It elevates his living standard
B. People pay instalmentally
C. His turnover will increase
D. It enhances high level of patronage

Question 1467:

• JAMB 2021

A form of money with a face value that is greater than the value of the metal contents is ____________

A. Bank notes
B. Legal tender
C. Commodity money
D. Token money

Question 1468:

• JAMB 2021

The best mode of ensuring that items posted get to the named addresses is through ____________

A. Recorded delivery
B. Certificate of posting
C. Registered mail
D. Express mail

Question 1469:

• JAMB 2021

An agency contract must involve

A. A principal and a consumer
B. A principal and an agent
C. A principal and a producer
D. A principal and a third party

Question 1470:

• JAMB 2021

Inbound tourism occurs when ____________

A. Residents of a country travel within it
B. Non-residents of a country travel to other countries
C. Residents of a country travel to other countries
D. Non-residents of a country travel within it