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Economics 1998 JAMB Past Questions

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11
Unlike the retailer, the wholesaler provides?
  • A. useful information to the manufacturer about consumers'taste
  • B. after-sales services to the consumers
  • C. useful information to the costumers on the benefits and uses of the product
  • D. useful information about market trends and finance to the manufacturer
View Answer & Discuss JAMB 1998
12
Liquidation of limited liability company implies that the?
  • A. company may not pay its debt
  • B. debts of the company can only be paid from its own assets
  • C. debts of the company are paid from both business and private funds of the owners
  • D. debts of the company musts be paid from public funds only
View Answer & Discuss (1) JAMB 1998
13
One form of business organization which is not motivated solely by the profit objective is the?
  • A. joint stock company
  • B. private limited company
  • C. co-operative society
  • D. ordinary partnership
View Answer & Discuss JAMB 1998
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14
Which of the following can have their shares quoted on the stock exchange?
  • A. Public corporations
  • B. A partnership
  • C. A consumer corporative
  • D. A public limited liability company
View Answer & Discuss JAMB 1998
15
The sector that employs the largest proportion of the active labour force in Nigeria is the?
  • A. oil sector
  • B. federal civil services
  • C. financial sector
  • D. agricultural sector
View Answer & Discuss (1) JAMB 1998
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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