JAMB Commerce Past Questions - Set 51

10 QuestionsMultiple ChoiceFree Practice

About this quiz

This JAMB Commerce Past Questions - Set 51 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 51 covers questions from JAMB exams (2012).

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Question 1 of 10

The document a seller uses in dispatching goods to a customer by a carrier is

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Question 2 of 10

A document which serves as an order with details of goods required by an intending purchaser is

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Question 3 of 10

If a customer pays within nine days of receiving goods and takes advantage of 3% off the invoice price, this is stated as

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Question 4 of 10

Which of the following is a characteristic of a bearer cheque

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Question 5 of 10

A bill of exchange paid before its due date at an amount less than its face value is said to have been

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Question 6 of 10

The most effective type of advertising for branded products is

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Question 7 of 10

A current account holder pays fees for services in form of

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Question 8 of 10

Printed messages sent by cable are recorded as

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Question 9 of 10

Communication is relevant to business activities because it

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Question 10 of 10

The right of an insurance company to stand in place of an insured against a third party , who is liable for the occurrence of a loss, is the principle of