2013 - JAMB Commerce Past Questions and Answers - page 1
1
The breaking down of a market into separate and identifiable elements is known as
A
differentiation
B
segmentation
C
skimming
D
penetration
correct option: b
Users' Answers & Comments2
A contract that is acknowledged before the law court is referred to as
A
informal contract
B
formal contract
C
contract of records
D
specialty contract
correct option: c
A contract of record is one which has been declared and adjudicated by a court having jurisdiction, or which is entered of record in obedience to, or in carrying out, the judgments of a court.
Users' Answers & Comments3
An agent employed to sell goods delivered to him by the principal is referred to as a
A
special agent
B
del credere agent
C
factor
D
universal agent
correct option: b
Users' Answers & Comments4
A motor dealer who agreed to sell a car to Mr X but delivered it to Mr Y on the delivery date agreed with Mr X. He has discharged the contract by
A
performance
B
frustration
C
an agreement
D
breach
correct option: d
Users' Answers & Comments5
The right to retain possession of goods until the contract price is paid is referred to as
A
a promise
B
ultra vires
C
a breach
D
a lien
correct option: d
Users' Answers & Comments6
A contract can be terminated through
A
physical combat
B
family intervention
C
frustration
D
consultation
correct option: c
Users' Answers & Comments7
The sole legal right held by the author to publish his book is
A
trademark
B
copyright
C
patent right
D
bookmark
correct option: b
Users' Answers & Comments8
The process of transferring data from one computer to another is referred to as
A
downloading
B
faxing
C
browsing
D
decoding
correct option: a
Users' Answers & Comments9
The physical component of a computer system is
A
software
B
hardware
C
hard disk
D
floppy disk
correct option: b
Users' Answers & Comments10
The type of computer software used mainly for management information is
A
corel draw
B
autocad
C
data base
D
word perfect
correct option: c
Users' Answers & Comments