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Friday, 06 March 2026
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Commerce Past Questions and Answers

Neco Commerce Questions

Question 16:
Crude oil is best transported within the country through ____________
  • A A container
  • B A trawler
  • C A tanker
  • D Pipeline
  • E Rail
View Answer & Explanation
Question 17:
Which of the following means of transport is most flexible?
  • A Air
  • B Rail
  • C Road
  • D Sea
  • E Waterways
View Answer & Explanation
Question 18:
Which of the is used in calculating working capital?
  • A Factory premises
  • B Furniture and fittings
  • C Machinery
  • D Office equipment
  • E Stock of raw material
View Answer & Explanation
Question 19:
A holding company is one which holds shares in another company up to ____________
  • A 20%
  • B 25%
  • C 33%
  • D 41%
  • E 51%
View Answer & Explanation
Question 20:
An agreement that is enforceable in law is called ____________
  • A A contract
  • B A declaration
  • C A decree
  • D An offer
  • E A statute
View Answer & Explanation