NECO Commerce Past Questions & Answers - Page 14

66.

The most suitable mode of transporting very bulky goods from Lagos to Kaduna is the

A.

aero plane

B.

caravan

C.

lorry

D.

ship

E.

train

Correct answer is E

No explanation has been provided for this answer.

68.

The most suitable mode of transport for conveying gas and liquid within Nigeria is

A.

air

B.

pipeline

C.

rail

D.

road

E.

water

Correct answer is B

No explanation has been provided for this answer.

69.

A Speculator in the stock exchange who buys shares hope that prices will rise is called

A.

bear

B.

broker

C.

bull

D.

Jobber

E.

shareholder

Correct answer is C

No explanation has been provided for this answer.

70.

The authority that transfers to a third party the shard right to vote is called

A.

bond

B.

indent

C.

proxy

D.

right issue

E.

warranty

Correct answer is C

No explanation has been provided for this answer.