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What decision does the board make about loans from the cooperative?

English Language
JAMB 2025
From the novel; The Lekki Headmaster

What decision does the board make about loans from the cooperative?

  • A. No loans can be given to staff under any circumstances.
  • B. All loan requests must be approved by the staff union.
  • C. Staff loans cannot exceed N250,000
  • D. The cooperative must stop lending money to staff immediately.
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Correct Answer: Option C
Explanation

The board resolved that no staff member could borrow more than 250,000. This can be found on page 26 of the novel. 

There is an explanation video available below.

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Explanation Video

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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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Post UTME Past Questions Agent
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now