Commerce 2012 Jamb Examination

Commerce 2012 Jamb Examination
Available Sections
2. Career
4. Job
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Question 31

The main objective of a trade association is to
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Trade associations primarily aim to promote and boost trade for their members.

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Question 32

The promotion and protection of trade industry and agriculture through trade fairs is a function of
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NACCIMA promotes trade, industry, and agriculture, often via trade fairs.

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Question 33

Securities that entitle the investor to coupon rates are
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Bonds provide coupon payments (fixed interest) to investors.

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Question 34

Under what management function will the motivation of employees fall
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Motivation is part of staffing, which involves managing human resources.

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Question 35

The promotion of team spirit in an organization is referred to as
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Espirit de corps refers to the promotion of morale and team spirit in organizations.

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Question 36

One of the characteristics of a good organizational chart is that it should
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A good organizational chart should facilitate communication within the organization.

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Question 37

An organization which focuses on consumer satisfaction is practicing
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Organizations focusing on consumer satisfaction follow the marketing concept.

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Question 38

Good and services are made available to consumers through
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Goods and services reach consumers primarily through the channel of distribution.

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Question 39

A person who in consideration for an extra commission takes responsibility for goods sold on credit and in case of default is a
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A del credere agent guarantees payment to the principal in case of default.

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Question 40

Yahaya bought a piece of furniture on a credit sale agreement from Ahmed and resold it to Ali before all installments were made. The court upheld that Ahmed could not recover possession of the items from Ali. The reason for the judgement was because
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Ownership was transferred on delivery, so Yahaya could pass title to Ali.

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Commerce 2012 Jamb Examination
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