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

Question 16:

• JAMB 2019

A document that embody the conditions and exceptions attached to the contract is

A. Proposal form
B. Cover note
C. The policy
D. Insurance certificate

Question 17:

• JAMB 2019

First Bank of Nigeria is an example of

A. Commercial bank
B. Central bank
C. Development bank
D. Merchant bank

Question 18:

• JAMB 2019

An abridged message sent at express speed to reach its destination faster than the airmail letters is known as

A. Telephone
B. Telegram
C. Telex
D. NITEL

Question 19:

• JAMB 2019

Someone traveling abroad for at least "twenty - four hours" and a maximum stay of six months is known as

A. Transportation
B. Tourism
C. International trade
D. Domestic tourism

Question 20:

• JAMB 1994

Which of the following statements is TRUE about sea transport?

A. All ships have specific routes to ply
B. All ships must be insured at every journey
C. All ships are insured separately from the crew
D. All ships normally arrive at their destination with goods