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2826
What is NOT an essential element of a valid contract?
  • A. acceptance
  • B. compensation
  • C. consideration
  • D. legality
  • E. offer
View Answer & Discuss NECO 2002
2827
Another name for exchange of goods or other goods is called
  • A. barter
  • B. buying
  • C. credit
  • D. selling
  • E. specialization
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2828
The different types of occupation in which people are engaged can be grouped as
  • A. Direct Services, Commercial and industrial
  • B. Manufacturer, Blacksmith and Industrial
  • C. Industrial, Manufacturing and Commercial
  • D. Teaching, Manufacturing and Commercial
  • E. Trading, Teaching and Commercial
View Answer & Discuss (1) NECO 2002
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2829
Which business unit has a membership range of 2-50?
  • A. Cooperative Society
  • B. Partnership
  • C. Private Limited Company
  • D. Public Enterprise
  • E. Public Limited Company
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2830
What covers the risk which an employer may suffer as a result of the dishonesty of an employee?
  • A. accident insurance
  • B. export credit insurance
  • C. fidelity guarantee insurance
  • D. fire insurance
  • E. life assurance
View Answer & Discuss NECO 2002
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent