Commerce 2022 Jamb Examination

Tramps are irregular sea vessels that operate on demand without fixed routes or schedules.

The payment for transporting goods by sea, air, or land is called freight.

Rail transport is particularly suited for carrying bulky and heavy goods over long distances.

The commission charged on a postal order is known as poundage.

Advertisement helps to inform, persuade, and encourage consumers to buy a company’s products.

The marketing concept focuses on meeting consumer needs and satisfaction while achieving profit for the business.

An after-sales service is the support given to customers after purchasing a product, such as repairs within a warranty period.

Consumers do not have the right to buy on credit; other rights include safety, replacement, and fair treatment.

Direct advertising targets a specific audience or group with a focused message.

The Sale of Goods Act governs the transfer of ownership of goods from seller to buyer at an agreed price.