Neco Commerce Past Questions and Answers

Question 161:

• NECO 2003

The government regulates business activities through the following measures EXCEPT

A. Copy right
B. Patents
C. Registration
D. Trade marks
E. Inspection

Question 162:

• NECO 2003

The branches of Commerce include all the following EXCEPT

A. Advertising
B. Barbing
C. Trade
D. Transport
E. Warehousing

Question 163:

• NECO 2003

The word “close-up” as used in toothpaste is a ____________

A. Brand name
B. Company’s name
C. Company’s logo
D. Patent right
E. Symbol

Question 164:

• NECO 2003

The changing of the original form of an object to a form that can give satisfaction to a want is known as ____________

A. Commerce
B. Construction
C. Consumption
D. Occupation
E. Production

Question 165:

• NECO 2003

The 4C’s of credit are ____________

A. Consumer, collateral, company and cost
B. Collateral, capital, company and cost
C. Collate capital, character and capacity
D. Character, cost, capital and capacity
E. Capital, capacity, consumer and character