Question 1 of 10
An allowance made to a customer for prompt payment is known as
This JAMB Commerce Past Questions - Set 2 quiz contains 10 multiple choice questions designed to help you revise and test your Commerce knowledge. Select an answer for each question and click “Submit Answer” to see instant feedback. Take your time and try to score as high as possible!
Practice with real JAMB Commerce past questions. Test your knowledge of trade, business, banking, and insurance for UTME preparation. Set 2 covers questions from JAMB exams (2024).
Question 1 of 10
An allowance made to a customer for prompt payment is known as
Question 2 of 10
A person who runs a business on his own account is called a
Question 3 of 10
All the following are principles of insurance EXCEPT
Question 4 of 10
One of the following does NOT fit into the group.
Question 5 of 10
A public limited liability company is owned by
Question 6 of 10
An instruction to an agent abroad restricting him to buy from a named manufacturer is known as
Question 7 of 10
Which of the following can be used to establish an importer's title to goods?
Question 8 of 10
Fishing is an example of
Question 9 of 10
Which of the following CANNOT be sold through a vending machine?
Question 10 of 10
The rights of the consumers does NOT include