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Sunday, 08 March 2026
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Commerce Past Questions and Answers

Neco Commerce Questions

Question 156:
A large rental organization with a number of sections selling different goods in the same building is called a ____________
  • A Chain store
  • B Departmental store
  • C Multiple shop
  • D Self service shop
  • E Supermarket
View Answer & Explanation
Question 157:
The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.
  • A Copyright
  • B Fundamental right
  • C Patent
  • D Right to machine
  • E Trade mark
View Answer & Explanation
Question 158:
Advertising could be used to achieve all the following EXCEPT
  • A Building primary demand
  • B Creating brand loyalty
  • C Creating employee loyalty
  • D Enhancing turn-over
  • E Increasing market share
View Answer & Explanation
Question 159:
Which of the following forms of business unit requires a certificate of trading before commencing business?
  • A Partnership
  • B Public liability company
  • C Private liability company
  • D Public corporation
  • E Sole proprietorship
View Answer & Explanation
Question 160:
Shares issued to existing shareholders, without paying for them are referred to as ____________ issue.
  • A Allowance
  • B Bonus
  • C Extra
  • D Right
  • E Special
View Answer & Explanation