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2136

The distribution of profits based upon the level of patronage in the business is a common feature of

  • A. partnership firms
  • B. public limited companies
  • C. co-operative societies
  • D. private limited companies
View Answer & Discuss (3) WAEC 2005
2137
The fee which the bank charges for services rendered to their current account customers is
  • A. commission on turnover
  • B. bank rate
  • C. minimum lending rate
  • D. interest
View Answer & Discuss WAEC 2005
2138
Which of the following would not affect the form of a business unit
  • A. Availability of raw materials
  • B. the type of business
  • C. number of persons involved
  • D. the capital size
View Answer & Discuss WAEC 2005
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2139
Partnership form of business is most appropriate
  • A. where proffessionals are needed
  • B. for non-profit making ventures
  • C. where very large capital is required
  • D. where the liability of members is limited
View Answer & Discuss WAEC 2005
2140
Partnership form of business is most appropriate
  • A. where proffessionals are needed
  • B. for non-profit making ventures
  • C. where very large capital is required
  • D. where the liability of members is limited
View Answer & Discuss WAEC 2005
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts