Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
  1. Home
  2. Classroom
  3. Commerce
  4. JAMB 1995

Commerce 1995 JAMB Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
31
If a partnership deed is silent on how profits are to be shared, partners share profits
  • A. in the ratio of the value of business secured by each partner for the partnership
  • B. in the ratio of partner capital contributions
  • C. in an equal proportion irrespective of partners's capital contributons
  • D. according to duties performed by each partner
View Answer & Discuss JAMB 1995
32
Which of the following information is contained in the Articles of Association of a limited liability company?
  • A. Rights and obligations of directors
  • B. Objectives of the company
  • C. Amount of share capital
  • D. Limitation of liability of shareholders.
View Answer & Discuss JAMB 1995
33
The merger of two companies producing the same type of products is an example of
  • A. vertical integration
  • B. horizontal integration
  • C. lateral merger
  • D. an acquisition
View Answer & Discuss JAMB 1995
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
34
One of the implications of the incorporation of a company is that
  • A. it is more difficult for the company to raise loans
  • B. the company can sue but cannot be sued
  • C. the company's property becomes distinguished from that of its members
  • D. its members become liable for all the debts of the company
View Answer & Discuss JAMB 1995
35
The main advantage of a sole trader is the freedom to
  • A. employ anyone he likes
  • B. seek advice from any source
  • C. take quick decisions
  • D. plough all the profits back into the business
View Answer & Discuss JAMB 1995
Start a Free Practice Test
 
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free