2001 - JAMB Commerce Past Questions and Answers - page 4
31
One major characteristic of credit unions and thrift societies is that?
A
the legal processes involved in their formation are rigid
B
membership is compulsory to people in the same line of business
C
the contribution of every member depends on the member's ability
D
a minimum of ten people in the same line of business can form the union
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32
The Nigerian Stock Exchange publishes a daily official list that gives full information on the?
A
method of transation agreed to by members
B
number of participating members in a day
C
changes in the prices and earnings of securities
D
changes in the official rules set by the market
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33
The main factors that determine the value of a stock on the stock Exchange are dividend and
A
the psychology of the market
B
capital gain
C
capital appreciation
D
warrant payment
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34
One of the main objectives of the Second-tier Securities Market in Nigeria is to
A
achieved a realistic exchange rate for the naira
B
eliminate currency dealings in the black market
C
assist companies to raise capital
D
attract investment flow
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35
The activities aimed at finding out customers' needs and satisfaction can be described as?
A
social-marketing
B
macro-marketing
C
micro-marketing
D
conceptual marketing
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36
The most effective type of advertising for branded product is?
A
direct advertising
B
Indirect advertising
C
informative advertising
D
competitive advertising
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37
Use the information below to answer 38 and 39.
Companies i, ii, iii and iv produce and sell electronic videos.
Company i, sells video for N14,000 each and offers advice on how to fix and operate them .
Company ii, sells at N14,000 and its representatives go to install at no additional cost.
Company iii, sells at N15,500 and offers credit sales at N15,000 each.
Which of these companies are more engaged in public activities?
Companies i, ii, iii and iv produce and sell electronic videos.
Company i, sells video for N14,000 each and offers advice on how to fix and operate them .
Company ii, sells at N14,000 and its representatives go to install at no additional cost.
Company iii, sells at N15,500 and offers credit sales at N15,000 each.
Which of these companies are more engaged in public activities?
A
i and ii
B
i and iii
C
ii and iv
D
iii and iv
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38
Which of these companies offers after-sales services?
A
iv
B
iii
C
ii
D
i
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39
Use the information below to answer question 40 and 41.
Musa rented a room to adamu for N1,500 and N1,000 part-payment was made. Adamu brought Audu and Jacob his friends to stay in the room.
The two friends later paid balance of N500 to Musa.
Who are the parties to the contract of renting the room?
Musa rented a room to adamu for N1,500 and N1,000 part-payment was made. Adamu brought Audu and Jacob his friends to stay in the room.
The two friends later paid balance of N500 to Musa.
Who are the parties to the contract of renting the room?
A
Musa and Jacob
B
Musa and Audu
C
Adamu and Musa
D
Audu and Jacob
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40
Who is the offeree in this contract ?
A
Musa
B
Audu
C
Adamu
D
Jacob
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