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Commerce 2004 NECO Past Questions

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31
The prospectus of a company must include
  • A. names and addresses of management staff
  • B. the certificate of incorporation
  • C. the directors remuneration
  • D. the value of annual dividend
  • E. types of shares available and their cost
View Answer & Discuss (1) NECO 2004
32
Who among the following assess goods on arrival at a port?
  • A. Agent
  • B. Customs
  • C. Importer
  • D. Shipping company
  • E. Ship owner
View Answer & Discuss NECO 2004
33
The right to retain possession of property of another until certain legitimate demands are satisfied is known as
  • A. agency
  • B. copyright
  • C. guarantee
  • D. lien
  • E. patent
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34
The value of money is measured by the
  • A. amount of goods and services a unit of it can purchase
  • B. amount of its unit people can hold
  • C. . ease at which people can spend a unit of it
  • D. quantity of it in circulation
  • E. rate of national development
View Answer & Discuss NECO 2004
35
An industry whose major actors consists of those engaged in sourcing raw materials from the earth surface is known as .... industry.
  • A. commercial
  • B. construction
  • C. extractive
  • D. manufacturing
  • E. mining
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