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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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3056
Foreign trade transactions are carrried out through the use of
  • A. commercial papers
  • B. bank drafts drawn by commercial banks on their foreign braches
  • C. irrevocably confirmed letters of credit
  • D. letters of credit authenticated by embassies
View Answer & Discuss NECO 2009
3057
A country’s balance of payments is divided into
  • A. current and capital accounts
  • B. current and foreign accounts
  • C. creditor`s and debtor’s accounts
  • D. export and import accounts
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3058
A factor that hinders the achievement of ECOWAS objectives is
  • A. the absence of a common market
  • B. lack of a common language
  • C. the difference in political ideology
  • D. lack of a common territory
View Answer & Discuss NECO 2009
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3059
Which of the following is the best form of sales promotion?
  • A. Bill board
  • B. Bell ringing
  • C. Publicity
  • D. Demonstration
View Answer & Discuss NECO 2009
3060
A legal document representing a promise by a company to pay back a loan over a period of time is referred to as a
  • A. warrant
  • B. bond
  • C. share certificate
  • D. title deed
View Answer & Discuss NECO 2009
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts