Home Trade - Jamb Commerce Past Questions and Answers

Question 36:

• JAMB 2016

One of the functions of the retailer is

A. Granting credit facilities to close relatives
B. Provision of after - sales services
C. Branding and packaging of goods
D. Warehousing of goods

Question 37:

• JAMB 2017

Factors considered when setting up a retail business is one of the following _________

A. Capital, experience and trading
B. Experience, term of trade, and trading
C. Capital, trading and term of trade
D. Capital, type of goods and source of supply

Question 38:

• JAMB 2018

A merchant wholesaler is referred to as?

A. Del-credere agent
B. A broker
C. Rack jobber
D. A factor

Question 39:

• JAMB 2019

The factors to be considered in setting up retail trade include all except_____

A. Capital
B. Experience
C. Location
D. Age

Question 40:

• JAMB 2019

One of these is not part of small-scale retailers

A. Urban stores
B. Roadside traders
C. Supermarkets
D. Itinerant traders