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436
One of the advantages of commercialization is that it?
  • A. encourages entrepreneuership
  • B. increases the salaries of workers
  • C. motivates governement to establish more business
  • D. gives wortkers on-the-job training
View Answer & Discuss JAMB 2004
437
A common element in all contracts is?
  • A. offer
  • B. consideration
  • C. acceptance
  • D. agreement
View Answer & Discuss (1) JAMB 2004
438
Sources of finance to a business include personal savings, share, debentures and?
  • A. loans from IMF
  • B. bank overdraft
  • C. central bank loans
  • D. money from political parties
View Answer & Discuss JAMB 2004
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439
Charges for loans paid by commercial banks to the Central Bank of Nigeria are called?
  • A. bank rates
  • B. credits charges
  • C. interest rates
  • D. bank charges
View Answer & Discuss (1) JAMB 2004
440
In a primary market, new shares are issued through?
  • A. personal selling, publicity and advertising
  • B. a prospectus, an offer for sale and bill of exchange
  • C. advertising a prospectus, and bill of exchange
  • D. a prospectus, an offer for sale and placing
View Answer & Discuss JAMB 2004
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