2019 - JAMB Commerce Past Questions and Answers - page 4

31

A two-way process which involves sending and receiving of messages is referred to as__________

A

Advertisement

B

Communication

C

Marketing

D

Transportation

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32

The scope of commerce is limited to________

A

home and foreign trade

B

wholesaler and retail trade

C

trade and aids to trade

D

wholesale and entreport trade

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33

All but one is not a demerit of advertising?

A

It leads to monopoly

B

Buyers can buy unnecessarily

C

Increase in profit

D

High cost

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34

Advantages of pipeline transport include all except_______

A

Low maintenance cost

B

It is safe

C

Continuous Flow of goods

D

Prone to leakages

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35

The factors to be considered in setting up retail trade include all except_____

A

Capital

B

Experience

C

Location

D

Age

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36

A responsibility to control environmental pollution is the responsibility of____

A

The business

B

The government

C

The consumer

D

The employee

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37

The following development of money have therefore been the use of, except______

A

Coins

B

Inconvertible paper money

C

Commodities

D

Abacus

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38

Tourism involving residents of the given country travelling only within this country is called__________

A

Domestic Tourism

B

Inbound Tourism

C

Outbound Tourism

D

Traveller's Tourism

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39

The headquarters of Niger Basin Commission is located at________

A

Abuja

B

Niamey

C

Lome

D

Nojamena

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40

A document which entitles its holder to the gods named on it, which is stored in a specific warehouse is called________

A

Debit note

B

Credit note

C

Warrant

D

Shipping note

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