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JAMB Commerce 2009 Objective — Question 44

Question 44 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2009 Objective paper, with the correct answer and a full explanation.

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44. The most important attributes in a sale of goods contract are

  • A. offer and consideration
  • B. price and goods
  • C. offer and acceptanceCorrect
  • D. demand and supply

Explanation

The main terms in a contract are offer and acceptance; these two terms make the contract binding on each party.

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