NECO SSCE - Commerce - 2003

When a business organization constructs schools and roads for the use of a community. such responsibility is

Detalhes da Resposta

The special right of privileges granted to an inventor to make use of what he has invented is known as fundamental right.

Detalhes da Resposta

A public limited company can borrow from the public to increase its capital by

Detalhes da Resposta

......is a letter sent to the suppliers requesting details of goods offered for sale

Detalhes da Resposta

Shares issued to existing shareholders, without paying for them are referred to as ....... issue.

Detalhes da Resposta

A share ducted “Cum div”, means that the dividend for the current year will be paid to the

Detalhes da Resposta

Who takes the initial step to form a company prior to its incorporation?

Detalhes da Resposta

Combination of methods used by a firm for marketing its product is known as .......

Detalhes da Resposta

Who among the following is the last link in the chain of distribution?

Detalhes da Resposta

Shareholder receive......

Detalhes da Resposta

A document which can be used for both internal and external trade is

Detalhes da Resposta

The act of bringing a privately owned business under exclusive state ownership and control is referred to as

Detalhes da Resposta

Which of the laws of consumers protection fixes the rate of interest that may be charged on loans?

Detalhes da Resposta

Any member of the public who wants to buy shares in the stock market will first of all meet a/an

Detalhes da Resposta

A large rental organization with a number of sections selling different goods in the same building is called a ....

Detalhes da Resposta

The service of a teacher is in the classification of

Detalhes da Resposta

Who among the following engages in manufacturing occupation?

Detalhes da Resposta

Organization of a wholesale warehouse in a typical company consist of the following EXCEPT ....... department.

Detalhes da Resposta

The factor of production that combines others factors and bears the risks in production process is

Detalhes da Resposta

One of the barriers to foreign trade is the presence of

Detalhes da Resposta

The word “close-up” as used in toothpaste is a

Detalhes da Resposta

All the following are members of small-scale retailing EXCEPT

Detalhes da Resposta

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

Detalhes da Resposta

Commerce refers to

Detalhes da Resposta

The changing of the original form of an object to a form that can give satisfaction to a want is known as

Detalhes da Resposta

Sea transport is unsuitable for the movement of

Detalhes da Resposta

The second tier security market is an example of

Detalhes da Resposta

Which of the following gives Nigerian’s the opportunity to take active part in industry and commerce?

Detalhes da Resposta

The government regulates business activities through the following measures EXCEPT

Detalhes da Resposta

A discount that is given to middlemen in order to make good profit is called .......... discount.

Detalhes da Resposta

The coming together of two or more companies to form one big viable company is known as

Detalhes da Resposta

The reward for Labour as a factor of production is

Detalhes da Resposta

The reward of an agent working for a principal is a

Detalhes da Resposta

Which of the following invites the general public to subscribe for its shares?

Detalhes da Resposta

The agreement between an exporter and a ship owner to convey goods is known as

Detalhes da Resposta

The amount which a company is empowered to raise for a business is its

Detalhes da Resposta

For a contract to be valid, there must be

Detalhes da Resposta

Which of the following organizations look after harbours, docks and waterways in Nigeria?

Detalhes da Resposta

The 4C’s of credit are

Detalhes da Resposta

Organizational chart is a diagram showing the

Detalhes da Resposta

Which means of transport is most suitable for moving crude oil, gas and water from Port Harcourt to Kaduna?

Detalhes da Resposta

The branches of Commerce include all the following EXCEPT

Detalhes da Resposta

A cheque is not a legal tender because it is

Detalhes da Resposta

Which of the following risks would an insurance company not prepared to cover?

Detalhes da Resposta

Which of the following forms of business unit requires a certificate of trading before commencing business?

Detalhes da Resposta

Which of the following does not relate to foreign trade?

Detalhes da Resposta

Re-exporting imported goods to another country is known as ........ trade.

Detalhes da Resposta

Advertising could be used to achieve all the following EXCEPT

Detalhes da Resposta

The national headquarters of Niger Basin Commission is at

Detalhes da Resposta

A form of business unit in which members are given patronage allowance is

Detalhes da Resposta