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1091
Into which of the following two broad areas can trade be divided?
  • A. home and foreign trade
  • B. home and retail trade
  • C. wholesale and retail trade
  • D. foreign and wholesale trade
  • E. import and exports
View Answer & Discuss WAEC 1992
1092
Which of the following is not true of a sole proprietorship?
  • A. It has a separate legal entity
  • B. It has unlimited liability
  • C. It has a slim chances of expansion
  • D. The capital is small
  • E. It can convert into a company
View Answer & Discuss WAEC 1992
1093
Which of the following is an investor earns profit on the basis of his patronage?
  • A. debenture holder
  • B. partner
  • C. sole proprietor
  • D. co-operative member
  • E. shareholder
View Answer & Discuss WAEC 1992
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1094
Which of the following is an investor earns profit on the basis of his patronage?
  • A. debenture holder
  • B. partner
  • C. sole proprietor
  • D. co-operative member
  • E. shareholder
View Answer & Discuss WAEC 1992
1095
A group of retailing shops under one management and selling then same products is known as?
  • A. multiple shop
  • B. supermarket
  • C. department stores
  • D. variety store
  • E. unit shop
View Answer & Discuss WAEC 1992
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