Jamb Commerce Past Questions and Answers

Question 161:

• JAMB 1994

One advantage of personal selling over all other elements of promotion is that

A. It can provide instant feedback
B. It is very cheap in terms of cost per contact
C. It does not need to use mass media
D. Sales people are wewll trained

Question 162:

• JAMB 1994

Which of the following must be present in an agency by agreement?

A. Intentions
B. Will
C. Consent
D. Authority

Question 163:

• JAMB 1994

An agreement to sell is distinguishable from sale because in the former, the transfer of goods is

A. Not anticipated
B. Not discussed
C. Deferred
D. Immediate

Question 164:

• JAMB 1994

Mr Amusa says to Mr Bello 'i will sell you this hat for N30'. And Mr Bello replied 'i will pay N29'. The contract is

A. An offer and acceptance
B. An implied contract
C. A complete simple contract
D. An offer but no acceptance

Question 165:

• JAMB 1994

Nationalization of an industry means that its ownership becomes that of

A. Government
B. Shareholders
C. Taxpayers
D. Indigenes