2006 - JAMB Commerce Past Questions and Answers - page 4

31
In Nigeria, the main source of pollution is?
A
domestic waste
B
oganic waste
C
gas flaring
D
industral waste
correct option: d
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32
Safeguarding the health of the nation' is the slogan used by?
A
NDLEA
B
NHIS
C
NAFDAC
D
EPL
correct option: c
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33
When one person approves an act previously done by another in the former's name without authority, this is known as?
A
ratification
B
estoppel
C
illegality
D
misrepresentation
correct option: b
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34
The most important advantage of privatization is the enhancement of?
A
liquidity
B
accountantability
C
profitability
D
efficiency
correct option: d
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35
The members of ECOWAS include?
A
Nigeria, Chad, Gabon and Cape Verde
B
Burkina Faso, Nigeria and Ghana
C
Guinea, Mali, Cameroun and Nigeria
D
Togo, Niger, Nigeria and Ghana
correct option: d
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36
A trade association consists of members engaged in the same trade while a chamber of commerce is?
A
highly regulated by agovernent agency
B
not restricted on a particular industry
C
made up of members that are registered
D
made up of firms in the banking industry
correct option: b
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37
Hire purchase is beneficial to the seller because?
A
it enhances his living standard
B
it increases his turnover
C
people pay instalmentally
D
of the patronage he enjoys
correct option: b
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38
Consumerism aims at protecting the consumer from?
A
harmful products
B
drug addiction
C
smoking cigarettes
D
alcohol consumption
correct option: a
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39
The major types of warehouse are?
A
manufacturer, bonded, departemental and private
B
bonded, public, coldroom and private
C
manufacturer, bonded, public and departmental
D
wholesaler, manufacturer, public and bonded
correct option: d
Users' Answers & Comments
40
The Customs and Excise Department is responsible for the the collection of?
A
royalties
B
tariffs
C
taxes
D
charges
correct option: b
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