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4351

The excess value of total assets over total liabilites is

  • A. capital owned
  • B. borrowed capital
  • C. paid-up capital
  • D. paid-up capital
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4352

An element of a valid contract is

  • A. operation of law
  • B. performance
  • C. breach
  • D. capacity to contract
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4353

Industrial, commercial and service are types of

  • A. specialization
  • B. occupation
  • C. manufacturing
  • D. extraction
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4354

Operating a state owned enterprise with the intention of making more profit is

  • A. nationalization
  • B. deregulation
  • C. privatization
  • D. commercialization
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4355

An example of after-sales services is

  • A. sorting and grading of goods
  • B. granting of discount
  • C. provision of price list and terms
  • D. free replacement of parts
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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