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Commerce 2000 NECO Past Questions

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1
Which of the following is NOT an aim of advertising?
  • A. creating a desire to purchase the goods
  • B. arousing the interest of the public
  • C. attracting the attention of the public
  • D. inspiring public confidence in the goods
  • E. reducing the cost of the goods produced
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2
Which of the following warehouse is generally found near a port?
  • A. bonded warehouse
  • B. distributor's warehouse
  • C. manufacturer’s warehouse
  • D. producer’s warehouse
  • E. wholesaler’s warehouse
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3
Banks issue cheque books to customers holding ......... accounts.
  • A. current
  • B. deposit
  • C. fixed deposit
  • D. foreign
  • E. savings
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4
The difference between the higher prices and the lower prices quoted for shares and stocks at the stock exchange is known as
  • A. brokerage
  • B. commission
  • C. contango
  • D. interest
  • E. jobbers turn
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5
Prospectus in relation to a public limited inability company means
  • A. a document for allocation of shares to the public
  • B. a document stating the types or shares
  • C. a document where the names of shareholders are written
  • D. an invitation to the public to buy shares
  • E. an invitation to the public to collect dividends
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