NECO Commerce 2023 Objective — Question 41

Question 41 of 50 from the National Examinations Council (NECO) Commerce 2023 Objective paper, with the correct answer and a full explanation.

The use of brand names and trademarks is to (a) control the supply of goods (b) make after-sales service possible (c) prevent imitation by competitors (d) stabilize the prices of goods

A. control the supply of goods
B. make after-sales service possible
C. prevent imitation by competitorsCorrect
D. stabilize the prices of goods

Explanation

Brand names and trademarks give owners the exclusive right to use them, preventing competitors from copying and selling products or services using the same name or mark.

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