JAMB Commerce Past Questions - Set 45

10 QuestionsMultiple ChoiceFree Practice

About this quiz

This JAMB Commerce Past Questions - Set 45 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 45 covers questions from JAMB exams (2013-2014).

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Question 1 of 10

A business that focuses attention on the quality of the goods produced by precisely knowing what the consumers desire is said to be operation the

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Question 2 of 10

The physical and psychological satisfaction a customer derives from the purchase of goods and services is

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Question 3 of 10

Which of the following aspects of marketing stimulates buying by providing free gifts

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Question 4 of 10

Which of the following is used as pricing policy?

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Question 5 of 10

Mr Taiwo entered into a contract to let a car to Mr Bunmi for his wedding for two days. However, the car had an accident before the first day. Mr Bunmi attempted to claim damages but failed. This implies the contract was terminated by

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Question 6 of 10

Hire purchase is advantageous to the seller in that

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Question 7 of 10

The difference between a factor and a broker is that the former

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Question 8 of 10

A contract which is devoid of legal effect is

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Question 9 of 10

The type of labour that makes use of physical effort in production processes is the

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Question 10 of 10

The assembling of products into usable forms is known as