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Commerce Past Questions

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2796
Bonded warehouses are controlled by
  • A. clearing and forwarding agents
  • B. custom and excise
  • C. export promotion council
  • D. marketing boards
  • E. port authority
View Answer & Discuss NECO 2002
2797
Marketing mix consists of
  • A. place, planning, play and price
  • B. planning, controlling and organizing
  • C. product, place, price and promotion
  • D. promotion, play, planning and price
  • E. price, planning, promotion and price
View Answer & Discuss NECO 2002
2798
A common legal association which exists when one party, known as the principal authorizes another party to enter into contract is called
  • A. agency
  • B. contract agreement
  • C. legal relation
  • D. offer and acceptance
  • E. valid contract
View Answer & Discuss NECO 2002
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2799
A situation where a consumer's need is the focus of attention is regarded as
  • A. consumer orientation
  • B. marketing concept
  • C. market research
  • D. market segmentation
  • E. sales orientation
View Answer & Discuss NECO 2002
2800
A document which must be prepared and produced by the promoters of a company and contains ‘external rules’ is called
  • A. Article of Association
  • B. Companies’ Act
  • C. Memorandum of Association
  • D. Deed
  • E. Prospectus
View Answer & Discuss NECO 2002
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