NECO UPDATES 2024

NECO 2020 COMMERCE QUESTIONS

NECO 2020 COMMERCE QUESTIONS

Here is the neco commerce questions for 2020. Stay tuned for the answers, join our whatsapp group chats. share to your friends

1. (a) With the aid of a diagram illustrate the branches of production.
(b) List and explain the three types of production. Give one example each.

2. (a) Differentiate between a contract of indemnity and a contract of non-indemnity.
(b) State five ways in which insurance is important to a business.

3. (a) Differentiate between balance of Trade and Balance of payment.
(b) Explain five functions of the Export Promotion Council.

4. Explain the following documents, stating the drawer, two contents and one use of each.
(i) Letter of enquiry
(ii) proforma invoices
(iii) quotation
(iv) debit note.

5. a) State five features of a co-operative society.
(b) Explain five disadvantages of a co-operative society.

6. (a) What is public relation?
(b) List and explain six methods of public relation.

7. (a) Explain the term clearing of cheques.
(b) Explain eight functions of a Commercial bank.

8. (a) State five duties of an agent to his principal.
(b) State five duties of a principal to his agent.

MyScholarshipBaze

I love surfing the web and providing great information for my readers. I am an Editor At Myscholarshipbaze.com

View Comments

Recent Posts

Job Vacancy: Microbiologist Needed

Job Vacancy: Microbiologist Needed A Microbiologist is needed in a manufacturing company. Requirements: *B. Sc.…

2 hours ago

Job Vacancy in Enugu

VACANCY ANNOUNCEMENT A reputable law research firm located in Enugu is looking for smart researchers…

6 hours ago

School of Nursing University of Ilorin Admission 2023

School of Nursing University of Ilorin Admission 2023 This is to inform the general public…

8 hours ago

School of Nursing NOIN Admission 2023

School of Nursing NOIN Admission 2023 I'd like to use this means to tell those…

12 hours ago

Wazobia Whatsapp Groupchat

Wazobia Whatsapp Groupchat Here you will find the Wazobia investment whatsapp groupchat where we can…

16 hours ago

Names of Big Brother Naija (BBNaija) 2021 Housemates / Contestants (Season 6)

BBNaija Shine Ya Eye Season 6 Housemates 2021 This year’s Big Brother Season Lunch/opening show…

22 hours ago