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Question 1 of 10
An individual that links the producer with the retailer is
JAMB Commerce Past Questions - Set 7
10 QuestionsMultiple ChoiceFree Practice
About this quiz
This JAMB Commerce Past Questions - Set 7 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 7 covers questions from JAMB exams (2023).
Progress0 / 10 answered
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Question 2 of 10
I. Its unlimited nature II. The number of partners III. The withdrawal of a major of partner IV. The bearing of risk Which of these is both merit and demerit in partnership?
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Question 3 of 10
A factor necessary for siting of a warehouse is nearness to
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Question 4 of 10
The principle which requires the insurance company to disclose to the proposer all material facts of the risk to be covered is
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Question 5 of 10
One disadvantages of advertising is that it
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Question 6 of 10
Which of the following attracts only interest but leaves the capital unpaid?
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Question 7 of 10
A bill of exchange already accepted can be discounted by the holder in
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Question 8 of 10
The process of converting a non-profit making organisation to a profit-making business is
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Question 9 of 10
An agreement that is enforceable in law is
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Question 10 of 10
One of the functions of a retailer is the