Aids-to-trade - Jamb Commerce Past Questions and Answers

Question 181:

• JAMB 2015

The principle of subrogation stated that

A. An insured person should be indemnified to the time of the amount insured
B. An insurance company constant in lace of the insured in dealing with third party.
C. Only a person who is likely to suffer loss hold take out an insurance cover
D. There must be accuse connection between the actual loss suffered and risk insure

Question 182:

• JAMB 2016

Ordianry warehouse is usually owned and used by

A. Government
B. Agents
C. Retailers
D. Wholesalers

Question 183:

• JAMB 2016

The act of interpreting ideas within an organization is

A. Motivating
B. Organizing
C. Planning
D. Communicating

Question 184:

• JAMB 2016

In the transportation industry, dead freight is used to describe the

A. Cost paid for an empty space left in the ship
B. Charge for each day a performance was delayed
C. Persons that hire a ship for a specific purpose
D. Cost of shipping a particular cargo for a specific voyage

Question 185:

• JAMB 2016

Which of the following is a traditional medium of communication used to mark festivals?

A. Palm frond
B. Metal gong
C. Talking drum
D. Gum blast