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[ Post UTME Begins ]:
View The List Of Schools That Have Released 2026 Post-UTME Forms.
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Commerce Past Questions
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276
One major advantage of a credit and thrift cooperative is that
A.
It can approach government for loan
B.
It encourages saving habit
C.
there are no legal restrictions
D.
each member has a vote during meetings
View Answer & Discuss
JAMB 2001
277
A form of ownership which exploits the strength of one partner to remedy the weakness of the other is a?
A.
joint partnership
B.
cooperative
C.
corperation
D.
joint venture
View Answer & Discuss (1)
JAMB 2001
278
At the collapse of a business enterprise, the person appointed to dispose of all assets is called
A.
a broker
B.
an auctioneer
C.
a liquidator
D.
an auditor
View Answer & Discuss
JAMB 2001
279
Entrusting the management of a company to the courts to enable the settlement of the company’s obligations is an indication of?
A.
distress
B.
closure
C.
bankruptcy
D.
liquidation
View Answer & Discuss
JAMB 2001
280
The capital employed is
A.
N 1,000
B.
N 1,370
C.
N 140
D.
N50
View Answer & Discuss (4)
JAMB 2001
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