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Sunday, 08 March 2026
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Commerce Past Questions and Answers

Neco Commerce Questions

Question 131:
Reorganization of public enterprises to run as profit-making ventures is called ____________
  • A Commercialization
  • B Indigenization
  • C Industrialization
  • D Nationalization
  • E Privatization
View Answer & Explanation
Question 132:
The main reason for Government ownership of a public enterprise is to provide
  • A Education and electricity
  • B Electricity only
  • C Essential services
  • D Loans for the people
  • E Roads and electricity
View Answer & Explanation
Question 133:
The greatest weapon of the buyer against the activities of false advertisers is ____________
  • A Consumer education
  • B Manufacturer's education
  • C Marketing education
  • D Producer‘s education
  • E Salesmanship
View Answer & Explanation
Question 134:
Which is NOT the right of the consumer according to the Consumer Education and Protection Council? The right to ____________
  • A Be informed
  • B Buy whatever they want
  • C Choose
  • D Healthy environment
  • E Safety
View Answer & Explanation
Question 135:
Which comes first in the channel of distribution?
  • A Consignor
  • B Consumer
  • C Manufacturer
  • D Retailer
  • E Wholesaler
View Answer & Explanation