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Tuesday, 28 April 2026
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Commerce Past Questions and Answers

Neco Commerce Questions

Question 336:
A disadvantage of commercialization of public enterprises in Nigeria is that it ____________
  • A Creates room for competition with private owned enterprises
  • B Enables consumers have value for their money
  • C Generates funds for government
  • D Leads to reduction in work force
  • E Promotes efficiency
View Answer & Explanation
Question 337:
The losses incurred in the running of Public Corporations are borne by the ____________
  • A Board of directors
  • B Debenture holders
  • C Managing director
  • D Shareholders
  • E Tax payers
View Answer & Explanation
Question 338:
An example of service rendering trade association is ____________
  • A Association of Nigerian Miners
  • B Cocoa Farmers’ Association
  • C Manufacturers Association of Nigeria
  • D Nigerian Bar Association
  • E Saw millers Association of Nigeria
View Answer & Explanation
Question 339:
The actual amount of share capital a company is allowed to issue to the public is the ____________ capital
  • A Authorized
  • B Issued
  • C Paid-up
  • D Reserved
  • E Working
View Answer & Explanation
Question 340:
The payment made by government to producers to enable them reduce price is known as ____________
  • A Bonus
  • B Compensation
  • C Margin
  • D Make-up
  • E Subsidy
View Answer & Explanation