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Friday, 24 April 2026
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Commerce Past Questions and Answers

Neco Commerce Questions

Question 191:
Organization of a wholesale warehouse in a typical company consist of the following EXCEPT ____________ department.
  • A Finance
  • B Management and administration
  • C Publicity
  • D Production
  • E Packing and dispatch
View Answer & Explanation
Question 192:
Which of the laws of consumers protection fixes the rate of interest that may be charged on loans?
  • A Food and Drug Act
  • B Hire Purchase Laws
  • C Price Control Decree
  • D Sale of Goods Act
  • E Usury Laws
View Answer & Explanation
Question 193:
Which of the following risks would an insurance company not prepared to cover?
  • A Change in fashion
  • B Death resulting from HIV
  • C Loss of cash in transit
  • D Numerous employees
  • E Theft of property
View Answer & Explanation
Question 194:
Re-exporting imported goods to another country is known as ____________ trade.
  • A Barter
  • B Counter
  • C Entreport
  • D Invisible
  • E Visible
View Answer & Explanation
Question 195:
The reward of an agent working for a principal is a ____________
  • A Bonus
  • B Commission
  • C Dividend
  • D Interest
  • E Profit
View Answer & Explanation