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Monday, 27 April 2026
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Commerce Past Questions and Answers

Neco Commerce Questions

Question 296:
Which of the following is NOT true of a cheque as a means of payment? It ____________
  • A Can be made out of a definite payee
  • B Is generally acceptable
  • C Is safer than carrying cash
  • D Is transferable
  • E Serves as a proof of payment
View Answer & Explanation
Question 297:
From the date of issue, cheques are valid for ____________ months.
  • A 3
  • B 4
  • C 5
  • D 6
  • E 9
View Answer & Explanation
Question 298:
An arrangement in insurance which provides for the payment of a stipulated sum either at death or the expiration of a stated period is known as ____________
  • A Accident
  • B Endowment
  • C Fire
  • D Fidelity
  • E Whole life
View Answer & Explanation
Question 299:
“Be a millionaire” a slogan adopted by one of them G.S.M providers is an example of ____________
  • A Advertising
  • B Credit to customers
  • C Customer service
  • D Sales promotion
  • E Trade discount
View Answer & Explanation
Question 300:
A marketing term the for the presentation of goods in a neatly wrapped container is ____________
  • A Advertising
  • B Credit to customers
  • C Labelling
  • D Merchandising
  • E Packaging
View Answer & Explanation