![You are currently viewing NECO Commerce 2022 Answers Objective & Essay [100% Verified]](https://examspot.net/wp-content/uploads/2022/07/NECO-Commerce-2022-Answers.jpeg)
Outline
Today’s NECO Commerce 2022
How to Subscribe to NECO Commerce 2022
i. DIRECT SMS:-NECO 2022 Commerce Objective & Essay answers will be sent directly to you via text message before your exam time.
>> Send N800 MTN CARD to 09038588742 with the Subject’s name, and phone number; I paid for the text message package.
ii. WhatsApp Package:-You will get both NECO Commerce questions and answers directly to your WhatsApp before Exam.
>>> Send N500 MTN CARD to 09038588742 Subject’s name, and I paid for the WhatsApp package.
iii. Link / Password:- Pin will send to you via SMS to the number you used for the subscription. It’s the password that you will use to unlock the answer page and see the answers online.
>Send N500 MTN CARD to 09038588742 Subject name, phone number, and a message I paid for the online password.
Our Online/Link Subscribers will get Commerce answers on EXAMSPOTANSWERS.NET
Don’t forget to share these Commerce NECO exam tips with others online.
2022 NECO Sure Commerce Answers
NECO 2022 Commerce Objective Answers
Answers Loading…
NECO 2022 Commerce Essay Answers
2022 NECO Commerce essay questions and answers
What is discount?
Give four reasons for granting discount.
List four mistakes that do not affect the validity of a contract.
Write short notes on the following:
- Departmental store
- Broker
- Accommodation store
- Public relations
List and explain five importance of transportation.
2022 COMMERCE NECO Questions
(1a) distinguish between a crossed cheque and a stale cheque.
(1b) List and explain four means of payment provided by commercial banks.
(2a) Write short notes on the following:
(i.) cartel
(ii) consortium
(iii) trust
(2b) highlight four reasons for business merger.
(3a) Enumerate and explain three functions of marketing.
(3b) Write short notes on the following:
(i) form utility
(ii) possession utility
(4a) What is entrepot?
(4b) List and explain four reasons for international trade restriction.
(5a) List and explain four contents of trading profit and loss account
(5b) State four factors that affect the profit of a business.
(6a) what is capital as a factor of production?
(6b) List and explain four importance of production.
(7a) State four characteristics of co-operative society.
(7b) List and explain four services provided by credit unions and thrift societies to the members.
(8) List and explain four factors that hinder the achievement of ECOWAS objectives.
(9) briefly explain the following terms:
(a)breach of contract
(b)contract
(C) contract under seal
(d) void contract
(e)Termination of contract
