2010 - JAMB Commerce Past Questions and Answers - page 5
41
An opportunity to reject a binding contract at will by a third party is said to be a?
A
valid contract
B
quasi contract
C
voidable contract
D
conditional contract
correct option: c
Users' Answers & Comments42
An agency contract must involve?
A
a principal and a consumer
B
a principal and a producer
C
a principal and a third party
D
a principal and an agent
correct option: d
Users' Answers & Comments43
The difference between trademark and patent right is that the latter?
A
gives exclusive right to import a particular good
B
is conferred by the government
C
confers monopoly on a product
D
confers exclusive right to publish literary works
correct option: c
Users' Answers & Comments44
Which of the following is a function of consumerism?
A
Protecting consumers' rights
B
providing consumers' choice
C
providing consumers' needs
D
Making profiteering impossible
correct option: a
Users' Answers & Comments45
A printed copy of processed information from the computer is the?
A
soft copy
B
file copy
C
scanned copy
D
hard copy
correct option: a
Users' Answers & Comments46
The central working system of a computer used for data processing is the?
A
memory unit
B
monitor
C
floppy disk drive
D
hard drive
correct option: b
Users' Answers & Comments47
The major problem confronting Cyber Cafe operators is?
A
advance fee fraud by clientele
B
poor network coverage
C
high operating costs
D
copyright voilations by clients
correct option: c
Users' Answers & Comments48
A device that enables the downloading of information from the internet is the?
A
floppy drive
B
compact disk
C
modem
D
bluetooth
correct option: c
Users' Answers & Comments49
One way by which a business can discharge its social responsibility to its community is to?
A
hold monthly meetings of its customers
B
building houses for its executives
C
award scholarship to staff children
D
build public health centres
correct option: d
Users' Answers & Comments50
In e-banking, ATM means
A
Authentic Teller Manchine
B
Autmatic Teller Machine
C
All-purpose Teller Machine
D
Automated Teller Machine
correct option: d
Users' Answers & Comments