JAMB Commerce Past Questions & Answers - Page 167

831.

A pattern that shows the kinds of participants involved in the production, distribution and ultimate use of a product is referred to as?

A.

selection

B.

strategy

C.

structure

D.

synergy

Correct answer is C

No explanation has been provided for this answer.

832.

The main motive of chambers of commerce and trade association is to?

A.

assist governemnt in achieving its objective

B.

protect the interest of consumers

C.

maximize profit

D.

protect and promote the interests of members

Correct answer is D

No explanation has been provided for this answer.

833.

The right of ownership with respect to goods or property is?

A.

right of occupancy

B.

proxy

C.

tittle

D.

certificate of occupancy

Correct answer is D

No explanation has been provided for this answer.

834.

An obstacle to international trade is?

A.

trade imbalance between countries

B.

availiability of local market

C.

quantity and quality of labour

D.

cost of finance

Correct answer is D

No explanation has been provided for this answer.

835.

An example of a service-rendering trade association is?

A.

Nigeria Bar Association

B.

Association of Nigeria Miners

C.

Cocoa Farmers' Association

D.

Manufacturers' Association of Nigeria

Correct answer is A

No explanation has been provided for this answer.