1998 JAMB UTME Commerce Past Questions

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1998

Enter pot trade is said to have taken place when goods are?

1998

What document is required when a country imposes ad valorem import duties on goods?

1998

A machine which enable s sales without the physical presence of a sales attendant is a

1998

The type of securities that the stock exchange deals with are

1998

The assets, liabilities and general management of a distressed bank may be taken over by?

1998

The most important difference between community banks and peoples’ bank is that the?

1998

Insurance companies operate on the principal of indemnity. This means that an insured person or firm collector

1998

The two main categories under which marine losses fall into are?

1998

Personnel activities that promote the general image of an organization are part of

1998

The oral presentation iv a conversation with one or more prospective buyers for the purpose of making sales is

1998

Product X was introduced into the market at N4.00 with its cost of product at N3.90 while competing products are at N4.50. What pricing policy are producers of X adopting?

1998

An underlined principle in the marketing of goods is that firms should

1998

(i) Companies must be registered as private limited liability companies. (ii)Companies must not have less than 100 shareholders (iii) No shareholder may have more than 75% of issued shared capital. What of the above are…

1998

The most essential element of a product is the

1998

A person who is cheated in business transaction can seek legal remedy

1998

A minor is not permitted to enter into a valid contract because he

1998

Sabo and Gambo entered into a contract for the sale of two baskets of tomatoes belonging to Gambo. Before the date the date of delivery and without any default by Gambo, the tomatoes were stolen. This is an example of te…

1998

An agent must not make any secret profit in the performance of his duties but can be rewarded by his principal through

1998

The main function of thrift, credit and loans co-operative societies is to

1998

The Continental West African Conference is a

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