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381
One of the advantages of a partnership over a sole proprietorship is that?
  • A. it is the most popular form of business organization
  • B. the patern can easy withdraw from business
  • C. it makes an increase in the capital of the business possible
  • D. there is no limit to the number of people who may bring in capital
View Answer & Discuss JAMB 1986
382
Which of the following is an external economy derived by a firm?
  • A. Low cost opportunities enjoyed by being in a place where other producers concentrate
  • B. Technical economics enjoyed by varying the factors of production
  • C. Economics of management by putting administrators where the are most efficient
  • D. marketing advantages attained through preferential treatment in the purchase and distribution of produce
View Answer & Discuss JAMB 1986
383
Which of the following advantages of localization of industries may also be a disadvantage?
  • A. External economies
  • B. Concentration of industries and of people
  • C. Development of organized markets
  • D. Reduced costs of research
View Answer & Discuss (2) JAMB 1986
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
384
The Nigeria Bank for Commerce and Industry is?
  • A. a commercial Bank
  • B. a developmment bank
  • C. an industrial bank
  • D. a merchant bank
View Answer & Discuss JAMB 1986
385
To control inflation, the monetary authorities of a country can?
  • A. reduce taxes
  • B. advise government to increase its expenditure
  • C. engage in expansive monetary policy
  • D. engage inrestrictive monetary policy
View Answer & Discuss JAMB 1986
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts