Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

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64

The service rendered by NIPOST in which letters are addressed to any post office to await collection by the addressee is known as

  • A. business reply service
  • B. cash on delivery service
  • C. express mail service
  • D. free post service
  • E. posted restate service
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65

The service rendered by NIPOST in which letters are addressed to any post office to await collection by the addressee is known as

  • A. business reply service
  • B. cash on delivery service
  • C. express mail service
  • D. free post service
  • E. posted restate service
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66

When the price quoted includes all the cost to the actual destination, that is, from the seller’s warehouse to the buyer’s warehouse. it is called

  • A. carriage
  • B. carriage paid
  • C. cash on delivery
  • D. franco
  • E. loco price
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67

The relationship between a country’s visible imports and exports in a trading year is known as

  • A. balance of payment
  • B. balance of trade
  • C. counter trade
  • D. international trade
  • E. terms of trade
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68

The relationship between a country’s visible imports and exports in a trading year is known as

  • A. balance of payment
  • B. balance of trade
  • C. counter trade
  • D. international trade
  • E. terms of trade
View Answer & Discuss NECO 2000
69

The relationship between a country’s visible imports and exports in a trading year is known as

  • A. balance of payment
  • B. balance of trade
  • C. counter trade
  • D. international trade
  • E. terms of trade
View Answer & Discuss NECO 2000
70

The relationship between a country’s visible imports and exports in a trading year is known as

  • A. balance of payment
  • B. balance of trade
  • C. counter trade
  • D. international trade
  • E. terms of trade
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71

Prospectus in relation to a public limited inability company means

  • A. a document for allocation of shares to the public
  • B. a document stating the types or shares
  • C. a document where the names of shareholders are written
  • D. an invitation to the public to buy shares
  • E. an invitation to the public to collect dividends
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72

Prospectus in relation to a public limited inability company means

  • A. a document for allocation of shares to the public
  • B. a document stating the types or shares
  • C. a document where the names of shareholders are written
  • D. an invitation to the public to buy shares
  • E. an invitation to the public to collect dividends
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73

The difference between the higher prices and the lower prices quoted for shares and stocks at the stock exchange is known as

  • A. brokerage
  • B. commission
  • C. contango
  • D. interest
  • E. jobbers turn
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74

Banks issue cheque books to customers holding ……… accounts.

  • A. current
  • B. deposit
  • C. fixed deposit
  • D. foreign
  • E. savings
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75

Which of the following warehouse is generally found near a port?

  • A. bonded warehouse
  • B. distributor's warehouse
  • C. manufacturer’s warehouse
  • D. producer’s warehouse
  • E. wholesaler’s warehouse
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76

Which of the following is NOT an aim of advertising?

  • A. creating a desire to purchase the goods
  • B. arousing the interest of the public
  • C. attracting the attention of the public
  • D. inspiring public confidence in the goods
  • E. reducing the cost of the goods produced
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77

Which of the following is NOT an aim of advertising?

  • A. creating a desire to purchase the goods
  • B. arousing the interest of the public
  • C. attracting the attention of the public
  • D. inspiring public confidence in the goods
  • E. reducing the cost of the goods produced
View Answer & Discuss NECO 2000