Commerce 2000 Neco Past Questions and Answers

Question 46 :

• NECO 2000

Shares are said to be sold at a discount when they are sold

A. Above par
B. At par
C. Below par
D. To the public
E. To the shareholders

Question 47 :

• NECO 2000

A contract in which all parties to the contract have carried out their obligation is said to be terminated by

A. Breach of contract
B. Frustration
C. Operation of the law
D. Performance
E. Voluntary agreement

Question 48 :

• NECO 2000

The body charged with the responsibility monitoring the quality of goods supplied is the ____________

A. Consumers’ association
B. Chamber of commerce
C. Manufacturers' association
D. Ministry of Health
E. Nigerian standards organization