Jamb Commerce Past Questions and Answers

Question 416:

• JAMB 2000

The most important advantage of personal selling is that it

A. Allows sellers to percieve buyers' needs
B. Allows sellers to sell their goods quickly
C. Takes place easily on the high ways
D. Takes place without the permissionof government

Question 417:

• JAMB 2000

The role of public relations is principally to

A. Sustain good relationship
B. Create good image
C. Carry out publicity
D. Advertise a firm's products

Question 418:

• JAMB 2000

The basic elements of a valid contract are

A. Offer, acceptance, consideration and witness
B. Offer, intention, acceptance and legality
C. Offer, acceptance, intention, capacity and legality
D. Offer, acceptance, capacity, legality and consideration

Question 419:

• JAMB 2000

A bus driver operating between Lagos and Jos pledged the owner's credit in Benin in order to have the engine repaired and the bill sent to the owner.This is a case of

A. Del credere agency
B. Agency by necessity
C. Agency by rafication
D. Agency by estoppel

Question 420:

• JAMB 2000

After registration, a certificate of trading is usually issued to a

A. Partnership
B. Public company
C. Private company
D. Sole proprietorship