2019 - JAMB Commerce Past Questions and Answers - page 8
Use the following information to answer this question.
Oladosu Bookshop
54, Ahmadu Bello Way
Kaduna
P.O.BOOX 336
6 January 1989
Olu Stationery ltd
17, Kakawa Street
Lagos
Dear Sir,
We require 200 pieces of 0.8mm fountain pens and 1000 pieces of plain single line 21cm × 18cm exercise books.
Please give us quotes for the respective articles for immediate delivery and a statement of your terms of trade.
Yours Faithfully
Manager.
From the question above, the document the firm or organization will send to the buyer is
Delivery notes
Advice notes
An order form
Quotations
A quotation is a statement of the current price and terms of trade of a product or service. A quotation is usually an answer to an inquiry.
First Bank of Nigeria is an example of
Commercial bank
Central bank
B. Development bank
Merchant bank
A commercial bank is a type of bank that provides services such as accepting deposits, making business loans, and offering basic investment products that is operated as a business for profit. Wikipedia
An abridged message sent at express speed to reach its destination faster than the airmail letters is known as
Telephone
Telegram
Telex
NITEL
Commerce brings about all except one
International co-operation
Improvement in the standard of living
Monotony of work
Infrastructural development
Commerce functions include employment opportunities, international co-operation, improvement in the standard of living and infrastructural development.
Booklets containing a range of products, their uses and prices are called
Posters
Handbill
Catalogues
Price Journal
A catalogue is a book or magazine containing details and pictures of items currently being offered for sale