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Commerce 2003 NECO Past Questions

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21
......is a letter sent to the suppliers requesting details of goods offered for sale
  • A. An Invoice
  • B. Letter of enquiry
  • C. Purchase order
  • D. Requisition
  • E. Quotation
View Answer & Discuss NECO 2003
22

Which of the following does NOT relate to marine insurance?... policy

  • A. Endowment
  • B. Floating
  • C. Time
  • D. Valued
  • E. Voyage
View Answer & Discuss (2) NECO 2003
23
Which of the following invites the general public to subscribe for its shares?
  • A. Co-operative
  • B. Private liability company
  • C. Public corporation
  • D. Public liability company
  • E. Sole proprietorship
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24
One of the barriers to foreign trade is the presence of
  • A. difference in goods and services
  • B. different means of transportation
  • C. many society personnel
  • D. tariffs on goods and services
  • E. various means of production
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25
When a business organization constructs schools and roads for the use of a community. such responsibility is
  • A. commercial
  • B. economical
  • C. industrial
  • D. political
  • E. social
View Answer & Discuss (1) NECO 2003
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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