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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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86
The major objective of corporate mergers is to
  • A. minimize the effects of taxation
  • B. increase financial advantage
  • C. faclitate profit maximization
  • D. enhance economies of scale
View Answer & Discuss JAMB 1997
87
When it became necessary to liquidate a company, the frist step to be taken is the appointment of
  • A. a receiver
  • B. an auditor
  • C. an accountant
  • D. liquidator
View Answer & Discuss JAMB 1997
88
In which of the following circumstances is a court order NOT necessary for the winding up of a company?
  • A. supension of businesss for one year
  • B. special resolution of members
  • C. reduction in the number of members below the legal minimum
  • D. inability to pay it debts
View Answer & Discuss JAMB 1997
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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89
One type of investment that have a variable income is
  • A. debentures
  • B. preferred shares
  • C. government bonds
  • D. ordinary shares
View Answer & Discuss JAMB 1997
90
A term which indicates that share is temporarily suspended is
  • A. ex-dividend
  • B. cum-dividend
  • C. bond
  • D. stock
View Answer & Discuss JAMB 1997
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