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2761
The affairs of the co-operative society are in the hands of the
  • A. Board of directors
  • B. Board of trustees
  • C. Executive members
  • D. Registrar of Co-operatives
  • E. Shareholders
View Answer & Discuss NECO 2001
2762
.
C.
ln which business is profit shared amongst the shareholders on the basis of patronage?
  • A. co-operative society
  • B. joint stock company
  • C. partnership
  • D. public company
  • E. sole proprietorship
View Answer & Discuss NECO 2001
2763
Which of NOT a class of preference shares?
  • A. cumulative
  • B. debenture
  • C. . non-cumulative
  • D. participating
  • E. redeemable
View Answer & Discuss NECO 2001
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2764
What is NOT an advantage of indigenization?
  • A. lt enhances the development of private initiative
  • B. lt ensures that important social services are provided at affordable cost
  • C. lt ensures that Nigerians control and run the business enter-prize of their country
  • D. It fosters and accelerates the pace of industrial development
  • E. There is a saving in foreign exchange
View Answer & Discuss NECO 2001
2765

Which union is formed by the workers of firms of similar line of business to cater for their interests?

  • A. co-operative
  • B. employees
  • C. firms
  • D. trade
  • E. welfare
View Answer & Discuss (1) NECO 2001
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