JAMB Commerce Past Questions & Answers - Page 133

661.

A protection right which can be reviewed or renewed after seven years is known as?

A.

patent

B.

design

C.

registration name

D.

trade mark

Correct answer is A

No explanation has been provided for this answer.

662.

A feature common to privatization and commercialization is?

A.

profit-making

B.

credit sales

C.

market expansion

D.

price increases

Correct answer is A

No explanation has been provided for this answer.

663.

The safety and quality of products are the social responsibility of?

A.

the Standards Organization of Nigeria

B.

the Manufacturers' Association of Nigeria

C.

the Corporate Affairs Commission

D.

business organizations

Correct answer is A

No explanation has been provided for this answer.

664.

A liquidator's fee is to be charged to the?

A.

realization account

B.

trading account

C.

revaluation account

D.

reconstruction account

Correct answer is A

No explanation has been provided for this answer.

665.

Materials used for further production of goods and services are known as?

A.

export goods

B.

intermediate goods

C.

capital goods

D.

consumer goods

Correct answer is C

No explanation has been provided for this answer.