Economics

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Past Questions

Question 291
jamb 1984
a

farmers and their families

b

producers, wholesalers and retailers

c

producers and consumers

d

producers and processor

e

farmers, processors and consumers

Question 292
jamb 1984
a

Debentures are instruments for rising long-term capital by limited liability companies

b

Debenture are fixed interest-bearing securities with specified maturity dates

c

Debentures holders are creditors to the company and therefore do not share in the risk of the company

d

Debenture holders are entitled to interest payments whether or not profits are made

e

Preference shareholders recieve their share of profits before debenture holders receive their entitlements

Question 293
jamb 1984
a

maximize profit

b

expand assets

c

minimize costs

d

provide essential services

e

pay higher dividends to shareholders

Question 294
jamb 1984
a

active participation of capitalist in the affairs of co-operative societies

b

worker ownership and worker control

c

sole proprietorship

d

partnership

e

denying of credit facilities to members

Question 295
jamb 1984
a

capital and government policy

b

the nature of the product, infrastructure and government policy

c

nearness to the market and source of power

d

Price of the product and source of labour

e

raw materials

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