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Tuesday, 26 November 2024

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Commerce Past Questions


Question 421:


An aspect of the law which allows an exclusive right for a limited number of years is a

A. Copyright
B. Trade mark
C. Raffication
D. Patent


Question 422:


The first known legislation to protect consumer rights in Nigeria is the

A. Usury Laws
B. Hire purchase Act
C. Sales of Goods Act
D. Foood and Drugs Act


Question 423:


The main difference between nationalization and indigenization is in terms of

A. Shareholding
B. Profit
C. Technology
D. Efficiency


Question 424:


The primary objectives of a trade association is to

A. Undertake researchwork on behalf of members
B. Establish easy link with government
C. Exchange information and negotiate as a preasure group
D. Operat as a group against other groups


Question 425:


A chamber of commerce is an association made up of

A. Enterpreneurs
B. Manufacturers
C. Merchants
D. Importers






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