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Neco gce Commerce Theory and Objective Answers (100%legit) Commerce Essay verified Free  (Expo) for National Examination Council. Neco gce Commerce Questions For you to have good Neco result in Commerce as well as repeated questions for free in this post.

Neco GCE 2022 FREE Commerce QUESTION AND ANSWER ROOM 

Neco Gce Commerce OBJ

COMMERCE OBJ
01-10: AABBDAEEBC
11-20: CCDDEDADBE
21-30: DACDAADABD
31-40: AACAEBCACC
41-50: EDDAADAAEE
51-60: DDEBCBEEED

*COMPLETED*

*NECO GCE COMMERCE*

(1)
[PICK ANY FIVE]
(i) Warehousing
(ii) Advertising
(iii) Banking
(iv) Transport
(v) Insurance
(vi) Communication

*EXPLANATION*
(i) Warehousing:
Warehousing ensures the storage of goods till they are wanted. The storage of manufactured goods enables the manufacturers to meet the demands of their customers and to stabilise the prices of goods.

(ii) Advertising:
Advertising stimulates the demand for goods and services by informing the public about the uses of such goods and where to obtain them. The volume of sales is increased.

(iii) Banking:
Banks aid trade by making funds available to traders and other business establishments in the form of loans. Overdrafts payments for goods are also made through banks.

(iv) Transport:
Transport provides the means of carrying both raw material and finished goods to where they are needed.

(v) Insurance:
Insurance enables compensation to be paid to the trader. Traders are likely to suffer risks in the course of their trading. These risks can result through loss of the goods in transit. Loss of goods can also result from fire, flood, etc.

(vi) Communication:
Communication is the transmission of information from one place to another. The customers and suppliers can get in touch through telephone, telex and postal.

*NECO GCE COMMERCE*

(9)
[PICK ANY FOUR]
(i) By agreement
(ii) By performance
(iii) By breach
(iv) By frustration
(v) By lapse of time
(vi) Bankruptcy

*EXPLANATION*
(i) By agreement:
Before any of the two parties perform their part of the contract, they may both agree to terminate it.

(ii) By performance:
When each party has performed their part of the contract, it is automatically terminated.

(iii) By breach:
A contract is terminated if one party fails to perform its part of the contract.

(iv) By frustration:
When the performance of a contract by one party is rendered impossible due to factors beyond its control or no contemplated by the two parties e.g. death, ill-health and government legislation

(iv) By lapse of time:
A contract is terminated after the period stipulated for it has ended.

(vi) Bankruptcy:
A contract can be terminated when either of the parties is declared bankrupt.

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Neco Gce Biology OBJ

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Neco Gce English Language OBJ

2022 NECO GCE ECONOMICS ANSWERS!

ENGLISH OBJ
01-10: EECEDDCCAC
11-20: EAAACADDCC
21-30: ABADDBABBD
31-40: ABEBCEEBCA
41-50: ABDDCCCBCD
51-60: BBBEEDACCE
61-70: CDECADBCBB
71-80: CBCACCCDCD
81-90: BEBECDECBC
91-100: BEACBACDBE

COMPLETED

SECTION A
(4)
Once upon a time there were two friends; they were as poor as a church mouse. Both were studying in a college in their village. Shan was hard working. He gave importance to working hard and accomplishing his goals. He kept saying that hard work opened the door to success and that ‘Good things come to those who wait’.

The other boy was Usman; he was the total opposite of Shan. He was inconsiderate and negligent. He always wanted a shortcut in his life and didn’t believe in hard work. He was also short tempered and non rational.

The families of both the boys faced financial insecurities, so Shan decided to start working to feed his family. But, Usman wanted a white collar job. He told Shan that the work he was doing was undesirable. But Shan was just happy with his decision.

Days rolled on, Shan performed well at his job. Usman wanted to earn a lot of money and he wouldn’t listen to anybody else. Finally he got a job with a firm that made its income in unjust ways. When he started to work Usman made a promise to his family that he will give half of his pay to them, but his family refused to take his money because the way he was earning the money was not acceptable. Usman still didn’t felt guilty.After a few months, they both got married and start living happy with their wives and children. Usman was earning a lot of money. His wife and children didn’t know about his job. His family thought that he was a hard working honest man. Usman loved his family a lot. His father and mother died after his marriage.

On the other hand, Shan became substandard but, he was earning legal money. His wife was good-natured, sympathetic and kind. Shan’s child was like him; a brilliant and hardworking boy like him. Shan and Usman didn’t meet each other after their marriage.One fine day, Shan took his family to the park, the same day Usman also took his family to the park. Both families were sitting beside to each other but they didn’t realize it. When Shan turned around to look at his children playing he was shocked to see Usman. Both felt gratified to meet each other after a long time. Usman was worried as his job was not going well; Shan tried to correct Usman again. But, he still didn’t feel guilty.

After few days, the papers were filled with the news of a man who was caught playing fraud with black money. After hearing the news Shan felt so wretched that he left his house and went to meet Usman. Shan went to the jail and spoke to Usman, he was worried about his family.“I am feeling very ashamed for my mistake, yes of course, good things come to those who wait, and you waited for good things Shan”, said Usman.“Yes Usman, you are absolutely right, I waited but you didn’t” said Shan.

“Please help me Shan, please” said Usman. But Shan could do nothing.

(5a)
(PICK ANY ONE)
She was shocked because her friend made a generalize statement that women always lie.

OR

The writer who is a also a woman was indicted as a liar since her friend generalized all women as liars.

(5b)
Almost everybody lies – including men, women and children alike.

(5c)
People lie to cover up their greed and insincere ways of life.

(5d)
It has increased the rate of fraud in the country.

(5e)
(i) Noun Phrase
(ii) It is the subject of the verb “is” in the sentence.

(5f)
Greed and lie with other vices which has long-lived and seems intraceable in the country.

(5g)
Lies has tremendously increased lately mostly in this political regime.

(5h)
(i) Acquaintance – Friend.
(ii) Shock – Surprise.
(iii) Extricate – Exempt, Exonerate.
(iv) Colossal – Huge, Enormous.
(v) Worrisome – Pertrubing
(vi) Intensified – Escalated.

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