Free account: track your progress — Sign up free

JAMB Commerce 2021 Objective — Question 29

Question 29 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2021 Objective paper, with the correct answer and a full explanation.

Advertisement

29. In foreign trade, FOB means a. Free on-board b. Free on boat c. Forward on bills d. Fire on boat

  • A. Free on-boardCorrect
  • B. Free on boat
  • C. Forward on bills
  • D. Fire on boat

Explanation

FOB stands for Free On Board, a shipping term used in foreign trade.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account
More questions from Commerce 2021 ObjectiveMore Commerce past papers