JAMB Commerce Past Questions & Answers - Page 166

826.

The concept that refers to the sale, transfer or exchange of goods and service is?

A.

industry

B.

trade

C.

tariff

D.

marketing

Correct answer is B

No explanation has been provided for this answer.

827.

The basic functin of the Nigeria Ports Authority is to?

A.

ensure that the right calibre of personnel is employed at the ports

B.

coordinate and regulate the activities of shipping lines

C.

facilitate and control the movement of goods and services into and out of the country

D.

coordinate the activities of all the seaports in the country

Correct answer is D

No explanation has been provided for this answer.

828.

How much was the trade discount?

A.

N42.500

B.

N27,500

C.

N22,500

D.

20,000

Correct answer is A

No explanation has been provided for this answer.

830.

Goods that are manufactured or acquired by the seller after the contract of sale are?

A.

specialty goods

B.

future goods

C.

specific goods

D.

general goods

Correct answer is C

No explanation has been provided for this answer.