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1056

One reason why small scale businesses are very common in West Africa is that

  • A. they can easily float shares
  • B. their management boards are easily formed
  • C. their initial capital is easy to rise
  • D. their dividened payments are very regular
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1057

A public limited company could finance its operations through

  • A. government taxes
  • B. equity shares
  • C. dividend payments
  • D. import duties
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1058

The factor of production which takes the initiative in combining resources for production is known as

  • A. capital
  • B. land
  • C. entrepreneur
  • D. labour
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1059

The type of monopoly that develops as a result of granting patent right is known as

  • A. natural monopoly
  • B. state monopoly
  • C. legal monopoly
  • D. discriminating monopoly
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1060

Which of the following is a function of a retailer?

  • A. Banking services
  • B. Hoarding services
  • C. Storage services
  • D. Sales services
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts