JAMB Commerce Past Questions & Answers - Page 222

1,106.

In foreign trade, document of title is known as

A.

bill of lading

B.

bill at sight

C.

certifiate of origin

D.

declaration form

Correct answer is A

No explanation has been provided for this answer.

1,107.

The main aim of selling directly to consumers by manufactures is to

A.

dis courage the activities of middlemen

B.

make contacts with comsumers

C.

eliminate transportation cost

D.

maximize the profit margin

Correct answer is A

No explanation has been provided for this answer.

1,108.

The cost of transporting goods to consumers called

A.

carried inward

B.

carried forward

C.

carried paid

D.

carried outward

Correct answer is D

No explanation has been provided for this answer.

1,109.

The turnover of firm maybe affected by

A.

the demand for its product

B.

the cost of its goods sold

C.

its closing stock

D.

its net assets

Correct answer is A

No explanation has been provided for this answer.