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3891

A group of companies formed to carry out an activity that is beyond the ability of any individual company is

  • A. a subsidiary
  • B. a merger
  • C. a consortium
  • D. an acquisition
View Answer & Discuss (1) WAEC 2019
3892

The share capital of a company stated in the memorandum of association and approved by the registrar of companies is

  • A. working capital
  • B. paid-up capital
  • C. nominal capital
  • D. called-up capital
View Answer & Discuss (1) WAEC 2019
3893

one of the aims of a trade association is to

  • A. liaise with other trade associations in other countries
  • B. organize trade fairs and exhibitions
  • C. provide quality goods and services
  • D. promote commercial activities in their business
View Answer & Discuss WAEC 2019
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3894

Retail outlets which sell from vehicles are

  • A. supermarkets
  • B. mobile shops
  • C. departmental stores
  • D. chain stores
  • D. chain stores
View Answer & Discuss WAEC 2019
3895

Cash in hand and at bank, plus debtors are components of

  • A. intangible assets
  • B. current assets
  • C. current liabilities
  • D. depleting assets
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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