JAMB Commerce Past Questions & Answers - Page 235

1,171.

Mr Amusa says to Mr Bello 'i will sell you this hat for N30'. And Mr Bello replied 'i will pay N29'. The contract is

A.

an offer and acceptance

B.

an implied contract

C.

a complete simple contract

D.

an offer but no acceptance

Correct answer is D

No explanation has been provided for this answer.

1,172.

An agreement to sell is distinguishable from sale because in the former, the transfer of goods is

A.

not anticipated

B.

not discussed

C.

deferred

D.

immediate

Correct answer is C

No explanation has been provided for this answer.

1,173.

Which of the following must be present in an agency by agreement?

A.

intentions

B.

will

C.

consent

D.

authority

Correct answer is A

No explanation has been provided for this answer.

1,174.

One advantage of personal selling over all other elements of promotion is that

A.

it can provide instant feedback

B.

it is very cheap in terms of cost per contact

C.

it does not need to use mass media

D.

sales people are wewll trained

Correct answer is A

No explanation has been provided for this answer.

1,175.

Which of the following is a form of sales promotion

A.

advertising on radio

B.

offering free sample

C.

distributing printed materials

D.

advertising on television

Correct answer is B

No explanation has been provided for this answer.