2002 - JAMB Commerce Past Questions and Answers - page 2

11
Awarding scholarships and sponsoring sports by a business organization are example of?
A
advertising strategy
B
economic responsibility
C
marketing strategy
D
social responsibility
correct option: d
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12
The commercialization of public enterprises is aimed at?
A
increasing efficiency and making the enterprises self-sufficient
B
advertising and promoting the goods and services of the enterprises
C
increased assistance and patronage of the enterprises by the public
D
selling the goods and services of the enterprises
correct option: a
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13
An author’s exclusive righto his published and unpublished works is known as?
A
authors right
B
constitution right
C
patent right
D
copyright
correct option: d
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14
Under the endowment policy, the money handed over to the insured at the expiration of the stipulated time or at death is the?
A
indemnity
B
surrender value
C
lump sum benefit
D
insurance premium
correct option: c
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15
the machine used for sending telex messages is known as a?
A
radar
B
fax machine
C
dictaphone
D
teleprinter
correct option: b
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16
Which of these insurance principles requires a close connection between the actual loss suffered and the risk insured?
A
indemnity
B
proximate cause
C
Contribution
D
Subrogation
correct option: b
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17
The unit through which result of a processed data are displayed is the?
A
logic unit
B
display unit
C
control unit
D
output unit
correct option: d
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18
Which of the following is used to inform the addressee that a registered parcel is ready for collection?
A
Express label
B
Counterfoil
C
Telegram
D
Slip
correct option: d
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19
The type of computer commonly found in office is?
A
laptop
B
desktop
C
the hybrid computer
D
the mainframe computer
correct option: c
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20
The mode of transporting crude oil to the ports for export purposes is by
A
tanker
B
rail
C
road
D
pipeline
correct option: d
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