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Commerce 2000 NECO Past Questions

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21
A public limited liability company is owned by
  • A. board of directors
  • B. debenture holders
  • C. general public
  • D. government
  • E. shareholders
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22
Bankers settle their mutual indebtedness in a
  • A. clearing and forwarding house
  • B. clearing house
  • C. development bank
  • D. discount house
  • E. stock exchange market
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23
Which of the following is NOT part of Pre-Sales Service/ice?
  • A. assisting the prospective buyer to set up facilities for storage
  • B. dispatching of quotation and price list
  • C. granting of credit or hire purchase sales facilities
  • D. providing detailed information about goods to be purchased
  • E. provision of transportation and delivery services
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24
Which of the following is NOT regarded as a welfare service in an organization?
  • A. housing
  • B. medical facilities
  • C. recreational facilities
  • D. training
  • E. transportation
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25
A tax paid on goods manufactured and consumed in your country is called
  • A. consumer tax
  • B. custom duty
  • C. excise duty
  • D. goods tax
  • E. income tax
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