Home Trade - Jamb Commerce Past Questions and Answers

Question 16:

• JAMB 2004

The use of vending machines in retailing is hindered in a developing economy owing to?

A. Poor distribution network
B. Low level of education
C. Inffective communication system
D. Lack os steady power supply

Question 17:

• JAMB 2004

Discounts offered by firms to middlemen for bulk purchases are?

A. Trade discounts
B. Sales bonanza
C. Cash discounts
D. Seasonal discount

Question 18:

• JAMB 2004

Goods are of merchantable quality if they?

A. Conform to description
B. Are of equal weight
C. Are of the same quality
D. Conform to buyers' purpose

Question 19:

• JAMB 2005

Which of the middlemen in the channel of distribution has tittle to the goods he distributes?

A. The merchant wholesaler
B. The agent
C. The limited wholersaler
D. The retailer

Question 20:

• JAMB 2005

Wholesalers can be divided into?

A. Sales agent and brokers
B. Full service
C. Cooperative wholesale society and limited service wholesalers
D. Merchant wholesales and egent middlemen