Study and practice Commerce past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.
An aspect of the law which allows an exclusive right for a limited number of years is a
Acopyright
Btrade mark
Craffication
Dpatent
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Question 712
jamb2000
After registration, a certificate of trading is usually issued to a
Apartnership
Bpublic company
Cprivate company
Dsole proprietorship
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Question 713
jamb2000
A bus driver operating between Lagos and Jos pledged the owner's credit in Benin in order to have the engine repaired and the bill sent to the owner.This is a case of
Adel credere agency
Bagency by necessity
Cagency by rafication
Dagency by estoppel
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Question 714
jamb2000
The basic elements of a valid contract are
Aoffer, acceptance, consideration and witness
Boffer, intention, acceptance and legality
Coffer, acceptance, intention, capacity and legality
Doffer, acceptance, capacity, legality and consideration
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Question 715
jamb2000
The role of public relations is principally to
Asustain good relationship
Bcreate good image
Ccarry out publicity
Dadvertise a firm's products
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Question 716
jamb2000
The most important advantage of personal selling is that it
Aallows sellers to percieve buyers' needs
Ballows sellers to sell their goods quickly
Ctakes place easily on the high ways
Dtakes place without the permissionof government
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Question 717
jamb2000
The practice whereby soft drink manufacturers give away caps, bags and other items when consumers buy their product is a form of
Amarketing strategies
Bpublicity
Cadvertising
Dsaels promotion
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Question 718
jamb2000
The type of advertising that seeks to persuade consumers to buy a particular product is
AInformative advertising
BCompetitive advertising
CPersuasive advertising
Dmass and specific advertising
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Question 719
jamb2000
A group of specialized functions of marketing is
Abuying, selling, storing and information
Bbuyimg, selling, advertising and packaging
Cbuying, selling, labelling and promotion
Dbuying , selling, skimmimg and pricing
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Question 720
jamb2000
The chart above represent the?
Aproduct mix relationship
Bmarketing mix relationship
Cpromotion mix elationship
Dadvertising mix relationship
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Question 721
jamb2000
A shortcoming of the Second-tier Foreign Exchange Market in Nigeria is that it
Aserves as a mechanism for evaluating an unrealistic exchange rate for the naira
Bcreates unhealthy competition amongst users of foreign exchange
Ccontributes to destabilizing national resource allocation
Dcontributes to flooding the market with foreign essential commodities
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Question 722
jamb2000
The stock Exchange helps to provide capital for of industrial project because it
Adetermines value of shares, stocks and other securities
Bassist government in implementing its monetary plicies
Cassist companies to exchange their securities into cash
Drenders agency services to organizations and government
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Question 723
jamb2000
The major condition for obtaining loan in thrift, credit and loans cooperative societies is
Aprovision of collateral security
Ba high level of education
Cpossesssion of a large business
Dan approved project plan
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Question 724
jamb2000
A form of money that has gone out of use is?
Apaper money
Bbank money
Ccommodity money
Dforeign money
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Question 725
jamb2000
A console is a device used in
Amoving an indicator on the screen
Bcommunicating between operator and programmer
Cholding magnetic tape reel
Dforming characters by heating sensitive ribbon
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Question 726
jamb2000
A printer that burns the print image onto the photosensitive drum is called
Adot matrix printer
Bdaisy wheel printer
Claser printer
Dthermal printer
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Question 727
jamb2000
The computer using linear integrated circuit technology coupled with quantification of data in terms of length and distance is known as?
Adigital computer
Banalogue computer
Cmainframe computer
Dhybrid computer
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Question 728
jamb2000
A bank form used to transfer money from personal to creditor's account is called?
Adebits transfer form
Bcredit transfer form
Ccustomers transfer form
Dbanks transfer form
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Question 729
jamb2000
The Central Bank differs from commercial banks because it?
Arenders service to customers
Bcarries out foreign exchange transactions
Cissues currencies
Ddiscounts bills
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Question 730
jamb2000
Mr Olatude took up a fire insurance on a property valued at N1000 and the amount insured is N 800. If the insurance was taking with the clause ‘with average ‘, What is the amount to be paid by the insurance company?
