Neco Commerce 2009 Past Questions and Answers

Question 11:

• NECO 2009

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

Question 12:

• NECO 2009

Which of the following is the best form of sales promotion?

A. Bill board
B. Bell ringing
C. Publicity
D. Demonstration

Question 13:

• NECO 2009

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

Question 14:

• NECO 2009

A document issued by financial organizations to enable holders to buy goods on credit is called ____________

A. ATM card
B. Coupon
C. Luncheon voucher
D. Credit card

Question 15:

• NECO 2009

Kola who had an accident was taken to hospital by Kemi. Kola promised to give Kemi N 500 when discharged. Kola failed to fulfil his promise. Which of the following is legally correct?

A. Kemi cannot sue Kola
B. Kemi can sue Kola
C. Kola can deny the promise
D. Kola can offer something else