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Commerce Past Questions

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3071
The effective dissemination of information about products is a social responsibility of a company to its
  • A. shareholders
  • B. management
  • C. consumers
  • D. employees
View Answer & Discuss NECO 2009
3072
The trade that takes place when imported goods are re-exported is known as
  • A. entrepot trade
  • B. import trade
  • C. export trade
  • D. visible trade
View Answer & Discuss NECO 2009
3073
Commerce aids the development of any economy as it
  • A. provides for proper accountability
  • B. improves the living standard
  • C. enhances the even distribution of wealth
  • D. encourages the reduction of inflation
View Answer & Discuss NECO 2009
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3074
The inflationary conditions of a country and her interest rate constitute her
  • A. social variables
  • B. economic variables
  • C. political variables
  • D. transformational variables
View Answer & Discuss NECO 2009
3075
In the Sale of Goods Act, goods which have been identified and agreed upon at the time of contract are called
  • A. existing goods
  • B. fixture goods
  • C. unascertained goods
  • D. specific
View Answer & Discuss NECO 2009
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