2014 - JAMB Commerce Past Questions and Answers - page 5
41
Which of the following is used as pricing policy?
A
labelling
B
packaging
C
market selection
D
market skimming
correct option: d
Users' Answers & Comments42
Mr Taiwo entered into a contract to let a car to Mr Bunmi for his wedding for two days. However, the car had an accident before the first day. Mr Bunmi attempted to claim damages but failed. This implies the contract was terminated by
A
bankruptcy
B
frustration
C
breach
D
lapse of time
correct option: b
Users' Answers & Comments43
Hire purchase is advantageous to the seller in that
A
it elevates his living standard
B
his turnover will increase
C
people pay instalmentally
D
it enhances high level of patronage
correct option: b
Users' Answers & Comments44
The difference between a factor and a broker is that the former
A
is licensed to sell goods on auction
B
has a lien on the goods he possesses
C
is not in possession of the goods
D
cannot sell in his own name
correct option: b
Users' Answers & Comments45
A contract which is devoid of legal effect is
A
void contract
B
unenforceable contract
C
voidable contract
D
valid contract
correct option: c
Users' Answers & Comments46
The three functional units of a modern computer are
A
input, processor and output units
B
processor, FOTRAN and output units
C
black box, output and input units
D
basic, COBOL and output units
correct option: a
Users' Answers & Comments47
Which of the following computers can be used in weather forecast?
A
Hybrid computer
B
Digital computer
C
Mainframe computer
D
Analog computer
correct option: a
Users' Answers & Comments48
A Digital Versatile Disk is an example of a
A
transmission control protocol
B
microprocessor
C
file transfer protocol
D
computer storage device
correct option: d
Users' Answers & Comments49
The social responsibility factor of an organization is geared towards
A
contributing to the sustenance and development of its host community
B
operating without disrupting the very esssence of the environment
C
tackling the soci-economic problems of the state
D
meeting the needs and demands of the shareholders
correct option: a
Users' Answers & Comments