JAMB Commerce Past Questions & Answers - Page 189

941.

A chamber of commerce is an association made up of

A.

enterpreneurs

B.

manufacturers

C.

merchants

D.

importers

Correct answer is A

No explanation has been provided for this answer.

942.

The primary objectives of a trade association is to

A.

undertake researchwork on behalf of members

B.

establish easy link with government

C.

exchange information and negotiate as a preasure group

D.

operat as a group against other groups

Correct answer is C

No explanation has been provided for this answer.

943.

The main difference between nationalization and indigenization is in terms of

A.

shareholding

B.

profit

C.

technology

D.

efficiency

Correct answer is C

No explanation has been provided for this answer.

944.

The first known legislation to protect consumer rights in Nigeria is the

A.

Usury Laws

B.

Hire purchase Act

C.

Sales of Goods Act

D.

Food and Drugs Act

Correct answer is C

No explanation has been provided for this answer.

945.

An aspect of the law which allows an exclusive right for a limited number of years is a

A.

copyright

B.

trade mark

C.

raffication

D.

patent

Correct answer is D

No explanation has been provided for this answer.