Jamb 1994 Commerce Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
1

Which of the following is a form of sales promotion

  • A. advertising on radio
  • B. offering free sample
  • C. distributing printed materials
  • D. advertising on television
View or Post an Explanation 8225 (0)JAMB 1994
2

NACCIMA stands for

  • A. Nigerian-American Center for Culture,Civic, Industries, Minerals and Arts
  • B. Nigerian Association for Culture ,Civic, Industries, Minerals and Arts
  • C. National Agency for Culture, Civilization, Investment, Manufacturing, and Agriculture
  • D. Nigerian association of Chambers of commerce, Industries, Mines and Agriculture
View or Post an Explanation 8242 (0)JAMB 1994
3

One advantage of personal selling over all other elements of promotion is that

  • A. it can provide instant feedback
  • B. it is very cheap in terms of cost per contact
  • C. it does not need to use mass media
  • D. sales people are well trained
View or Post an Explanation 8227 (0)JAMB 1994
4

The comprehensive import supervision scheme was set up by the federal government in order to

  • A. reverse Nigeria's unfavourable balance of trade
  • B. promote fair trade between Nigeria and other countries
  • C. counteract all fraudulent business deals of Nigeria with other nationals
  • D. ensue that import into Nigeria are of the correct quality, value and quantity
View or Post an Explanation 8234 (0)JAMB 1994
5

Which of the following takes place when firms producing at different stages in the same industry combine?

  • A. conglomeration
  • B. vertical integration
  • C. horizontal integration
  • D. cartel
View or Post an Explanation 8178 (0)JAMB 1994
6

Which of the following must be present in an agency by agreement?

  • A. intentions
  • B. will
  • C. consent
  • D. authority
View or Post an Explanation 8229 (0)JAMB 1994
7

The type of activity which turns processed raw materials into consumer and industrial goods is described as

  • A. extractive
  • B. manufacturing
  • C. constructive
  • D. processing
View or Post an Explanation 8166 (0)JAMB 1994
8

Mr Amusa says to Mr Bello 'i will sell you this hat for N30'. And Mr Bello replied 'i will pay N29'. The contract is

  • A. an offer and acceptance
  • B. an implied contract
  • C. a complete simple contract
  • D. an offer but no acceptance
View or Post an Explanation 8232 (0)JAMB 1994
9

Which of the following is both direct and indirect credit enterprise?

  • A. A co-operative and thrift society
  • B. retail co-operative society
  • C. consumer co-operative society
  • D. wholesaler co-operative society
View or Post an Explanation 8219 (0)JAMB 1994
10

For establishment of a powerful consumers' association in Nigeria to exist, there must be

  • A. financial and moral support from the public
  • B. honest and commited leadership
  • C. allocation of goods from the producer
  • D. freedom from external influence
View or Post an Explanation 8244 (0)JAMB 1994