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Commerce Past Questions

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226
Which of these is both merit and demerit in partnership?
  • A. The number of partners
  • B. It unlimited nature
  • C. The bearing of risk
  • D. The withdrawal of a major partner
View Answer & Discuss JAMB 2000
227
The measure of independence available to the individual business unit that come together is the main different between
  • A. veritcal and horizontal integration
  • B. mergers and acquisition
  • C. consortium and almalgamation
  • D. trust and cartel
View Answer & Discuss JAMB 2000
228
Government policies relating to the establishment and operation of business are targeted at
  • A. increasing the profit of business owners
  • B. the general improvement of the economy
  • C. even spread of facilities and employment
  • D. diversification and expansion of business
View Answer & Discuss JAMB 2000
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
229

On liquidation of a public limited liability company, the residual owners are the

  • A. creditors
  • B. ordinary shareholders
  • C. preference shareholders
  • D. debenture holders
View Answer & Discuss (4) JAMB 2000
230

Bank overdraft as a short term source of fund is

  • A. an overdrawn account
  • B. granted to a newly opened account
  • C. repayable after more than a year
  • D. a current liability
View Answer & Discuss (2) JAMB 2000
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts