Neco Commerce Past Questions and Answers

Question 261:

• NECO 2005

The coming together of two or more firms with each of them losing its identity is known as ____________

A. Amalgamation
B. Cartel
C. Consortium
D. Holding
E. Trust

Question 262:

• NECO 2005

The activities concerned with changing of raw materials into finished products belong to ____________ occupation

A. Commercial
B. Constructive
C. Extractive
D. Manufacturing
E. Service

Question 263:

• NECO 2005

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

Question 264:

• NECO 2005

The following are functions of marketing EXCEPT

A. Advertising
B. Distribution
C. Insurance
D. Packaging
E. Transportation

Question 265:

• NECO 2005

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