by Sunday | Dec 11 | Commerce JAMB
A. retail trade B. commerce C. marketing concept D. marketing Correct Answer: Option B – commerce Explanation It is the study of production, distribution and exchange of goods and services aimed at satisfying human...
by Sunday | Dec 11 | Commerce JAMB
A. hire purchase B. mutual understanding C. credit sale D. leasing Correct Answer: Option C – credit sale Explanation This is the transfer of goods and services from seller to a buyer without any value being given immediately in...
by Sunday | Dec 11 | Commerce JAMB
A. pay cash to the bank: for manufacturers B. stock perishable goods C. regulate price for manufacturers D. stock goods produced by different manufacturer Correct Answer: Option D – stock goods produced by different...
by Sunday | Dec 11 | Commerce JAMB
A. mining B. teaching C. banking D. driving Correct Answer: Option A – mining Explanation All the options are classification of production. It involves people whose activities are directed to the process of bringing out natural resources from the soil and...
by Sunday | Dec 11 | Commerce JAMB
A. an order cheque B. a bounced cheque C. a bearer cheque D. an open cheque Correct Answer: Option B – a bounced cheque Explanation A cheque is said to be bounced if the cheque is being rejected or dishonoured by the bank. Another name for dishonoured cheque is...