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326
The agency that currently oversees the privatization and
commercialization process in Nigeria is the?
  • A. Securities and Exchange Commission
  • B. Technical Committee on privatization and commercialization
  • C. Nigeria Stock Exchange
  • D. Bureau of Republic Enterprises
View Answer & Discuss JAMB 2002
327
Okeze contracted to sell TV sets to Ojo. Unknown to them, the sets were stolen in transit. This contract may be terminated on the ground of
  • A. bankruptcy
  • B. frustration
  • C. fraudulence
  • D. breach of contract
View Answer & Discuss JAMB 2002
328
Which of the following countries are members of the lake Chad Basin Commission?
  • A. Niger and Cameroun
  • B. Benin and Nigeria
  • C. Chad and Benin
  • D. Nigeria and Mali
View Answer & Discuss JAMB 2002
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329
A core investor in the current phase of privatization in Nigeria is one who?
  • A. can afford to buy most of the shares of the enterprises
  • B. will be at the core of the enterprises
  • C. can mobilize foreign currency equivalent to the value of the enterprises
  • D. has the technical know-how of the enterprises
View Answer & Discuss JAMB 2002
330
The agency in Nigeria which ensures that products conform to government quality specifications is the?
  • A. Standards Organization of Nigeria
  • B. Nigerian Consumers’ Association
  • C. Manufacturers’ Association of Nigeria
  • D. Nigerian Chamber of commerce
View Answer & Discuss JAMB 2002
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