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Friday, 24 April 2026
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Commerce Past Questions and Answers

Neco Commerce Questions

Question 186:
For a contract to be valid, there must be ____________
  • A Drawee and drawer
  • B Insured and insurer
  • C Lessor and lessee
  • D Offer and acceptance
  • E Principal and agent
View Answer & Explanation
Question 187:
Which means of transport is most suitable for moving crude oil, gas and water from Port Harcourt to Kaduna?
  • A Bus
  • B Pipeline
  • C Ship
  • D Tanker
  • E Trailer
View Answer & Explanation
Question 188:
The national headquarters of Niger Basin Commission is at ____________
  • A Lagos
  • B Niamey
  • C N’djamena
  • D Yamasucro
  • E Yaounde
View Answer & Explanation
Question 189:
Who among the following engages in manufacturing occupation?
  • A Bricklayer
  • B Carpenter
  • C Miner
  • D Musician
  • E Spinner
View Answer & Explanation
Question 190:
The amount which a company is empowered to raise for a business is its ____________
  • A Called-up-capital
  • B Nominal capital
  • C Paid-up capital
  • D Issued capital
  • E Working capital
View Answer & Explanation