Bece Business Studies Past Questions and Answers

Question 96:

• BECE 2023

The following are reasons for consumer protection except ____________

A. Encouraging the exploitation of consumers.
B. Ensuring regular supply of essential commodities.
C. Guaranteeing goods and services rendered are of high quality.
D. Making sure that consumers are satisfied.
E. Protecting them from dangerous goods.

Question 97:

• BECE 2023

The maximum number of individuals that can form a private company is ____________

A. 10.
B. 20.
C. 28.
D. 50.
E. 70.

Question 98:

• BECE 2023

Granting discount to a buyer of a product is an example of ____________

A. After-sales service.
B. Customer care.
C. Pre-sale service.
D. Public relations.
E. Social responsibility.

Question 99:

• BECE 2023

The reward for capital as a factor of production is ____________

A. Interest.
B. Profit.
C. Rent.
D. Salary.
E. Wage.

Question 100:

• BECE 2023

The selling of Nigeria crude oil to a firm in Britain is an example of ____________ trade.

A. Entrepot
B. Export
C. Home
D. Retail
E. Wholesale