JAMB Commerce Past Questions - Set 2

10 QuestionsMultiple ChoiceFree Practice

About this quiz

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!

Description

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).

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Question 1 of 10

An allowance made to a customer for prompt payment is known as

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Question 2 of 10

A person who runs a business on his own account is called a

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Question 3 of 10

All the following are principles of insurance EXCEPT

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Question 4 of 10

One of the following does NOT fit into the group.

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Question 5 of 10

A public limited liability company is owned by

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Question 6 of 10

An instruction to an agent abroad restricting him to buy from a named manufacturer is known as

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Question 7 of 10

Which of the following can be used to establish an importer's title to goods?

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Question 8 of 10

Fishing is an example of

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Question 9 of 10

Which of the following CANNOT be sold through a vending machine?

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Question 10 of 10

The rights of the consumers does NOT include