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4101

A common requirement for public and private limited companies in Nigeria is that

  • A. a shareholder cannot transfer his shares to someone else without permission from other shareholders
  • B. shares cannot be offered or sale on the stock exchange
  • C. their annual accounts are made available to the corporate affairs commission
  • D. shares can be offered for sale through an issuing house
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4102

Mr. Olatunde took up a fire insurance on a property valued at ₦1000 and the amount insured is ₦80. Thee ₦400. If the property caught fire causing a loss of insurance was taken with the clause with average what is the amount to be paid bý the insurance company?

  • A. ₦420
  • B. ₦320
  • C. ₦460
  • D. ₦560
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4103

One major characteristic of credit unions and thrift societies is that

  • A. the contribution of every member depends on the member's ability
  • B. the legal processes involved in their formation are rigid
  • C. membership is compulsory to people in the same line of business
  • D. a minimum of ten people in the same line of business can form the union
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4104

An author's exclusive right to his published and unpublished works is known as

  • A. constitutional right
  • B. author's right
  • C. copyright
  • D. patent right
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4105

The management function that makes the difference in intensity of behavior is

  • A. controlling
  • B. motivation
  • C. coordinating
  • D. planning
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208