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Commerce Past Questions

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2971
The activities concerned with changing of raw materials into finished products belong to ______ occupation
  • A. commercial
  • B. constructive
  • C. extractive
  • D. manufacturing
  • E. service
View Answer & Discuss NECO 2005
2972
Which of these is NOT a governments legislation to protect thee consumer?
  • A. Fair trading
  • B. Foods and drugs
  • C. Privatization and commercialization
  • D. Weight and measure
  • E. Trade description
View Answer & Discuss NECO 2005
2973
The following are functions of marketing EXCEPT
  • A. advertising
  • B. distribution
  • C. insurance
  • D. packaging
  • E. transportation
View Answer & Discuss NECO 2005
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2974
A dealer who buys securities at low prices in anticipation of reselling them at higher prices is called a
  • A. bear
  • B. broker
  • C. bull
  • D. jobber
  • E. speculator
View Answer & Discuss NECO 2005
2975
Commerce is often referred to as the life blood of every nation because it
  • A. commits financial resources to the nation
  • B. contributes to economic development to the nation
  • C. creates utilities for human satisfaction
  • D. provides auxiliary services to trade
  • E. provides all the resources use for production
View Answer & Discuss NECO 2005
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