JAMB Commerce Past Questions & Answers - Page 199

991.

The line function in a typical manufacturing enterprise is normally performed by the

A.

public relations department

B.

estate or properties department

C.

marketing department

D.

legal department

Correct answer is C

No explanation has been provided for this answer.

992.

Staff position in an organization borders on

A.

authority

B.

advice

C.

responsibility

D.

control

Correct answer is C

No explanation has been provided for this answer.

993.

One major disadvantage of a cartel is that it

A.

maximizes productive efficiency

B.

brings the merging firms under control

C.

maximizes profit from operation

D.

eliminate competitions and waste

Correct answer is D

No explanation has been provided for this answer.

994.

In every simple contract, the price which is paid to purchase a promise is called

A.

offeree

B.

acceptance

C.

consideration

D.

representation

Correct answer is C

No explanation has been provided for this answer.

995.

In a hire purchase agreement between Argungu Ltd and Maikudi, Argungu Ltd inserted provision that it can enter Maikudi’s premises at any time and remove the hired vehicle for any breach. This provision is

A.

lawful to both

B.

unlawful to both

C.

beneficial to both

D.

detrimental to both

Correct answer is A

No explanation has been provided for this answer.